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Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

Macedonian Denar/US Dollar (FOREX:MKDUSD)

Strong Uptrend (+100) - MKDUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MKDUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_MKDUSD
Open High Low MKDUSD Price Change
0.01975671 0.01975671 0.01975671 0.01975671 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MKDUSD

long term up The long-term trend has been UP since Nov 30th, 2020 at 0.01938195

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 0.01925153

short term up The short-term trend has been UP since Nov 26th, 2020 at 0.01931548

Smart Scan Analysis for MKDUSD

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

+100
Smart Scan Analysis for MKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01975671 0.01975671 0.01975671 0.01975671 0.00000000
Prev. Close Volume Bid Ask Time
0.01975671 2020-12-04 05:51:05
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