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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Australian Dollar/Moroccan Dirham (FOREX:AUDMAD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_AUDMAD
Open High Low AUDMAD Price Change
6.82585 6.83285 6.80390 6.82135 -0.00450
Entry Signal

MarketClub’s Trade Triangles for AUDMAD

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 6.66630

intermediate term up The intermediate term trend has been UP since Jan 14th, 2019 at 6.86050

short term down The short term trend has been DOWN since Jan 22nd, 2019 at 6.82735

Smart Scan Analysis for AUDMAD

Based on a pre-defined weighted trend formula for chart analysis, AUDMAD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for AUDMAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.82585 6.83285 6.80390 6.82135 -0.00450
Prev. Close Volume Bid Ask Time
6.82585 6.82110 6.82160 2019-01-22 23:50:28
Want to analyze Australian Dollar/Moroccan Dirham AUDMAD or another symbol? Try our Free Forex Trend Analysis Report.