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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

British Pound/Macedonian Denar (FOREX:GBPMKD)

Crossroads (+60) - GBPMKD 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 GBPMKD?

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

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

FOREX_GBPMKD
Open High Low GBPMKD Price Change
72.52381 72.53468 72.52381 72.53468 +0.01087
Entry Signal

MarketClub’s Trade Triangles for GBPMKD

long term down The long-term trend has been DOWN since Jan 14th, 2025 at 73.08309

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2025 at 72.15558

short term up The short-term trend has been UP since Apr 15th, 2025 at 71.64483

Smart Scan Analysis for GBPMKD

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

+60
Smart Scan Analysis for GBPMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.52381 72.53468 72.52381 72.53468 +0.01087
Prev. Close Volume Bid Ask Time
72.52381 2025-05-09 04:37:19
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