Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, October 21, 2018.

Moroccan Dirham/British Pound (FOREX:MADGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

Open High Low MADGBP Price Change
0.080914 0.081047 0.080722 0.080858 -0.000056
Entry Signal

MarketClub’s Trade Triangles for MADGBP

long term up The long term trend has been UP since May 3rd, 2018 at 0.078960

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2018 at 0.081726

short term up The short term trend has been UP since Oct 15th, 2018 at 0.080599

Smart Scan Analysis for MADGBP

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

Smart Scan Analysis for MADGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.080914 0.081047 0.080722 0.080858 -0.000056
Prev. Close Volume Bid Ask Time
0.080914 0.078633 0.083084 2018-10-19 17:08:57
Want to analyze Moroccan Dirham/British Pound MADGBP or another symbol? Try our Free Forex Trend Analysis Report.