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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Macedonian Denar/British Pound (FOREX:MKDGBP)

Long-Term Uptrend (+90) - MKDGBP is in a strong uptrend that is likely to continue. While MKDGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.01457767 0.01457767 0.01454338 0.01456631 -0.00001100
Entry Signal

MarketClub’s Trade Triangles for MKDGBP

long term up The long-term trend has been UP since Mar 2nd, 2020 at 0.01394327

intermediate term up The intermediate-term trend has been UP since May 12th, 2020 at 0.01433664

short term up The short-term trend has been UP since May 29th, 2020 at 0.01450804

Smart Scan Analysis for MKDGBP

Based on our trend formula, MKDGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MKDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01457767 0.01457767 0.01454338 0.01456631 -0.00001100
Prev. Close Volume Bid Ask Time
0.01457767 0.01445992 0.01467269 2020-06-01 07:29:07
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