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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Macedonian Denar/US Dollar (FOREX:MKDUSD)
Long-Term Downtrend (-90) - MKDUSD is in a strong downtrend that is likely to continue. While MKDUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Nov 6th, 2024 at 0.01748547
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.01748547
The short-term trend has been DOWN since Dec 10th, 2024 at 0.01711682
Smart Scan Analysis for MKDUSD
Based on our trend formula, MKDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0169563 | 0.0169563 | 0.0169563 | 0.0169563 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0169563 | 2024-12-21 08:23:54 |