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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Macedonian Denar/US Dollar (FOREX:MKDUSD)

Weak Uptrend (+65) - MKDUSD is showing signs of weakening momentum to the upside. Monitor MKDUSD as it may be in the beginning stages of a reversal.

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
0.01762473 0.01762473 0.01762473 0.01762473 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MKDUSD

long term up The long-term trend has been UP since Jul 14th, 2024 at 0.01773466

intermediate term up The intermediate-term trend has been UP since Jul 4th, 2024 at 0.01756393

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 0.01766547

Smart Scan Analysis for MKDUSD

Based on our trend formula, MKDUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01762473 0.01762473 0.01762473 0.01762473 0.00000000
Prev. Close Volume Bid Ask Time
0.01762473 2024-07-26 07:26:06
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