Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Macedonian Denar/British Pound (FOREX:MKDGBP)

Countertrend Down (-85) - MKDGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

Open	High	Low	MKDGBP Price	Change
0.01372823	0.01372823	0.01370328	0.01370328	-0.00002500
Entry Signal

MarketClub’s Trade Triangles for MKDGBP

The long-term trend has been DOWN since Nov 11th, 2020 at 0.01440773

The intermediate-term trend has been DOWN since Oct 6th, 2021 at 0.01382089

The short-term trend has been UP since Oct 25th, 2021 at 0.01372763

Smart Scan Analysis for MKDGBP

Based on our trend formula, MKDGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.01372823	0.01372823	0.01370328	0.01370328	-0.00002500
Prev. Close	Volume	Bid	Ask	Time
0.01372823				2021-10-25 07:22:31

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