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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Moroccan Dirham/US Dollar (FOREX:MADUSD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_MADUSD
Open High Low MADUSD Price Change
0.105765 0.105860 0.105640 0.105640 -0.000125
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 up The intermediate term trend has been UP since Nov 15th, 2017 at 0.106325

short term up The short term trend has been UP since Dec 15th, 2017 at 0.105850

Smart Scan Analysis for MADUSD

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

+70
Smart Scan Analysis for MADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.105765 0.105860 0.105640 0.105640 -0.000125
Prev. Close Volume Bid Ask Time
0.105765 0.102790 0.108490 2017-12-15 15:57:46
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