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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Moroccan Dirham/US Dollar (FOREX:MADUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

FOREX_MADUSD
Open High Low MADUSD Price Change
0.10482 0.10487 0.10464 0.10464 -0.00018
Entry Signal

MarketClub’s Trade Triangles for MADUSD

long term up The long term trend has been UP since Jan 9th, 2019 at 0.106190

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 0.105340

short term down The short term trend has been DOWN since Jan 13th, 2019 at 0.105375

Smart Scan Analysis for MADUSD

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

+55
Smart Scan Analysis for MADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10482 0.10487 0.10464 0.10464 -0.00018
Prev. Close Volume Bid Ask Time
0.10482 0.10175 0.10753 2019-01-18 16:29:46
Want to analyze Moroccan Dirham/US Dollar MADUSD or another symbol? Try our Free Forex Trend Analysis Report.