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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

US Dollar/Macedonian Denar (FOREX:USDMKD)

Crossroads (+60) - USDMKD 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 USDMKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDMKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDMKD
Open High Low USDMKD Price Change
54.659637 54.709070 54.659637 54.709070 +0.049433
Entry Signal

MarketClub’s Trade Triangles for USDMKD

long term down The long-term trend has been DOWN since Mar 4th, 2025 at 58.015361

intermediate term up The intermediate-term trend has been UP since May 8th, 2025 at 54.590626

short term up The short-term trend has been UP since Apr 30th, 2025 at 54.146447

Smart Scan Analysis for USDMKD

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

+60
Smart Scan Analysis for USDMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.659637 54.709070 54.659637 54.709070 +0.049433
Prev. Close Volume Bid Ask Time
54.659637 2025-05-09 04:37:19
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