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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Moroccan Dirham/Australian Dollar (FOREX:MADAUD)

Weak Downtrend (-65) - MADAUD is showing signs of a strengthening downtrend. Monitor MADAUD as it may be building momentum to the downside.

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

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

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

FOREX_MADAUD
Open High Low MADAUD Price Change
0.15151304 0.15161908 0.15078496 0.15142553 -0.00008800
Entry Signal

MarketClub’s Trade Triangles for MADAUD

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 0.14728963

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 0.15452302

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 0.15275899

Smart Scan Analysis for MADAUD

Based on our trend formula, MADAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15151304 0.15161908 0.15078496 0.15142553 -0.00008800
Prev. Close Volume Bid Ask Time
0.15151304 2024-04-26 09:21:05
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