Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

US Dollar/Macedonian Denar (FOREX:USDMKD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDMKD
Open High Low USDMKD Price Change
54.6105 54.7425 54.6030 54.7425 +0.1320
Entry Signal

MarketClub’s Trade Triangles for USDMKD

long term up The long term trend has been UP since May 2nd, 2018 at 51.0950

intermediate term up The intermediate term trend has been UP since Jan 24th, 2019 at 54.1825

short term up The short term trend has been UP since Feb 5th, 2019 at 53.9420

Smart Scan Analysis for USDMKD

Based on a pre-defined weighted trend formula for chart analysis, USDMKD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for USDMKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.6105 54.7425 54.6030 54.7425 +0.1320
Prev. Close Volume Bid Ask Time
54.6105 54.3440 55.1410 2019-02-15 17:54:49
Want to analyze US Dollar/Macedonian Denar USDMKD or another symbol? Try our Free Forex Trend Analysis Report.