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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
Macedonian Denar/British Pound (FOREX:MKDGBP)
Strong Downtrend (-100) - MKDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MKDGBP continues to fall. Traders should use caution 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.
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MarketClub’s Trade Triangles for MKDGBP
The long-term trend has been DOWN since Sep 23rd, 2024 at 0.01361024
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.01347301
The short-term trend has been DOWN since Dec 9th, 2024 at 0.01344697
Smart Scan Analysis for MKDGBP
Based on our trend formula, MKDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01346135 | 0.01346135 | 0.01339625 | 0.01339625 | -0.00006500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01346135 | 2024-12-10 12:04:55 |