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Forex Trend Analysis Report

Prepared for you on Saturday, October 21, 2017.

Moroccan Dirham/US Dollar (FOREX:MADUSD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

Open High Low MADUSD Price Change
0.10628 0.10630 0.10628 0.10630 +0.00002
Entry Signal

MarketClub’s Trade Triangles for MADUSD

long term up The long term trend has been UP since Mar 27th, 2017 at 0.100860

intermediate term down The intermediate term trend has been DOWN since Sep 26th, 2017 at 0.106670

short term up The short term trend has been UP since Oct 19th, 2017 at 0.106235

Smart Scan Analysis for MADUSD

Based on a pre-defined weighted trend formula for chart analysis, MADUSD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10628 0.10630 0.10628 0.10630 +0.00002
Prev. Close Volume Bid Ask Time
0.10628 0.10343 0.10917 2017-10-20 00:42:58
Want to analyze Moroccan Dirham/US Dollar MADUSD or another symbol? Try our Free Forex Trend Analysis Report.