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Forex Trend Analysis Report

Prepared for you on Thursday, May 8, 2025.

US Dollar/Macedonian Denar (FOREX:USDMKD)

Bull Market Weakness (+75) - USDMKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.

FOREX_USDMKD
Open High Low USDMKD Price Change
54.318514 54.819599 54.318514 54.797387 +0.478873
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 +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.318514 54.819599 54.318514 54.797387 +0.478873
Prev. Close Volume Bid Ask Time
54.318514 2025-05-08 18:33:15
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