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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
US Dollar/Macedonian Denar (FOREX:USDMKD)
Weak Downtrend (-65) - USDMKD is showing signs of a strengthening downtrend. Monitor USDMKD as it may be building momentum to the downside.
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 DOWN since Jan 24th, 2025 at 58.891378
The short-term trend has been DOWN since Feb 20th, 2025 at 58.673749
Smart Scan Analysis for USDMKD
Based on our trend formula, USDMKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.7884 | 58.7884 | 58.7884 | 58.7884 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 58.7932 | 2025-02-22 01:41:03 |