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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Macedonian Denar/Euro (FOREX:MKDEUR)

Long-Term Uptrend (+90) - MKDEUR is in a strong uptrend that is likely to continue. While MKDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MKDEUR?

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

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

FOREX_MKDEUR
Open High Low MKDEUR Price Change
0.01625971 0.01625971 0.01623068 0.01625707 -0.00000300
Entry Signal

MarketClub’s Trade Triangles for MKDEUR

long term up The long-term trend has been UP since Mar 15th, 2024 at 0.01625917

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 0.01623277

short term up The short-term trend has been UP since Feb 26th, 2024 at 0.01623068

Smart Scan Analysis for MKDEUR

Based on our trend formula, MKDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MKDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01625971 0.01625971 0.01623068 0.01625707 -0.00000300
Prev. Close Volume Bid Ask Time
0.01625971 2024-03-19 04:59:11
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