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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Macedonian Denar/US Dollar (FOREX:MKDUSD)
Countertrend Down (-85) - MKDUSD 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 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.
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MarketClub’s Trade Triangles for MKDUSD
The long-term trend has been DOWN since Apr 12th, 2024 at 0.01736034
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.01758667
The short-term trend has been UP since Apr 23rd, 2024 at 0.01735728
Smart Scan Analysis for MKDUSD
Based on our trend formula, MKDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01742169 | 0.01742916 | 0.01736792 | 0.01736792 | -0.00005400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01742169 | 2024-04-26 12:27:33 |