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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Moroccan Dirham/Australian Dollar (FOREX:MADAUD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
0.139720 0.139875 0.139285 0.139635 -0.000085
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 May 16th, 2018 at 0.141170

short term down The short term trend has been DOWN since May 16th, 2018 at 0.141315

Smart Scan Analysis for MADAUD

Based on a pre-defined weighted trend formula for chart analysis, MADAUD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for MADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.139720 0.139875 0.139285 0.139635 -0.000085
Prev. Close Volume Bid Ask Time
0.139720 0.139630 0.139640 2018-05-22 05:57:22
Want to analyze Moroccan Dirham/Australian Dollar MADAUD or another symbol? Try our Free Forex Trend Analysis Report.