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Forex Trend Analysis Report
Prepared for you on Thursday, January 23, 2025.
US Dollar/Macedonian Denar (FOREX:USDMKD)
Weak Uptrend (+65) - USDMKD is showing signs of weakening momentum to the upside. Monitor USDMKD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDMKD
The long-term trend has been UP since Nov 6th, 2024 at 57.193380
The intermediate-term trend has been UP since Nov 6th, 2024 at 57.193380
The short-term trend has been DOWN since Jan 15th, 2025 at 59.679562
Smart Scan Analysis for USDMKD
Based on our trend formula, USDMKD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 59.118862 | 59.217237 | 59.118862 | 59.217237 | +0.098375 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.118862 | 2025-01-23 10:31:50 |