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Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Macedonian Denar/US Dollar (FOREX:MKDUSD)
Sidelines Mode (+55) - MKDUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for MKDUSD
The long-term trend has been DOWN since Mar 19th, 2020 at 0.01752126
The intermediate-term trend has been UP since May 19th, 2020 at 0.01773770
The short-term trend has been DOWN since May 25th, 2020 at 0.01772585
Smart Scan Analysis for MKDUSD
Based on our trend formula, MKDUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01779394 | 0.01781009 | 0.01779394 | 0.01781009 | +0.00001600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01786552 | 0.01768001 | 0.01794016 | 2020-05-27 04:18:27 |