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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Moroccan Dirham/Australian Dollar (FOREX:MADAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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_MADAUD
Open High Low MADAUD Price Change
0.136195 0.136415 0.135190 0.135335 -0.000860
Entry Signal

MarketClub’s Trade Triangles for MADAUD

long term up The long term trend has been UP since May 3rd, 2017 at 0.135495

intermediate term down The intermediate term trend has been DOWN since Dec 13th, 2017 at 0.138670

short term down The short term trend has been DOWN since Jan 17th, 2018 at 0.135785

Smart Scan Analysis for MADAUD

Based on a pre-defined weighted trend formula for chart analysis, MADAUD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.136195 0.136415 0.135190 0.135335 -0.000860
Prev. Close Volume Bid Ask Time
0.136195 0.135330 0.135340 2018-01-17 17:19:01
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