Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Macedonian Denar/US Dollar (FOREX:MKDUSD)

Crossroads (-60) - MKDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.01829601 0.01829601 0.01827948 0.01827948 -0.00001700
Entry Signal

MarketClub’s Trade Triangles for MKDUSD

long term up The long-term trend has been UP since Mar 4th, 2025 at 0.01723774

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2025 at 0.01832971

short term down The short-term trend has been DOWN since Apr 30th, 2025 at 0.01846942

Smart Scan Analysis for MKDUSD

Based on our trend formula, MKDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01829601 0.01829601 0.01827948 0.01827948 -0.00001700
Prev. Close Volume Bid Ask Time
0.01829601 2025-05-09 04:37:19
Get a free daily analysis and signals for Macedonian Denar/US Dollar (MKDUSD) - Request Your Free Report.