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Forex Trend Analysis Report
Prepared for you on Saturday, October 5, 2024.
Macedonian Denar/US Dollar (FOREX:MKDUSD)
Weak Downtrend (-65) - MKDUSD is showing signs of a strengthening downtrend. Monitor MKDUSD as it may be building momentum to the downside.
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 UP since Jul 14th, 2024 at 0.01773466
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.01786827
The short-term trend has been DOWN since Oct 1st, 2024 at 0.01806580
Smart Scan Analysis for MKDUSD
Based on our trend formula, MKDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01793530 | 0.01793611 | 0.01779483 | 0.01784224 | -0.00009300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01793530 | 2024-10-04 10:21:42 |