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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Macedonian Denar/British Pound (FOREX:MKDGBP)

Crossroads (-60) - MKDGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MKDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MKDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MKDGBP
Open High Low MKDGBP Price Change
0.01378931 0.01378931 0.01378725 0.01378725 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for MKDGBP

long term up The long-term trend has been UP since Jan 13th, 2025 at 0.01368379

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2025 at 0.01385871

short term down The short-term trend has been DOWN since Apr 15th, 2025 at 0.01395849

Smart Scan Analysis for MKDGBP

Based on our trend formula, MKDGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MKDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01378931 0.01378931 0.01378725 0.01378725 -0.00000200
Prev. Close Volume Bid Ask Time
0.01378931 2025-05-09 04:37:19
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