Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, June 23, 2017.

Moroccan Dirham/US Dollar (FOREX:MADUSD)

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_MADUSD
Open High Low MADUSD Price Change
0.102295 0.102420 0.102295 0.102420 +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 down The intermediate term trend has been DOWN since Jun 21st, 2017 at 0.102130

short term down The short term trend has been DOWN since Jun 7th, 2017 at 0.102615

Smart Scan Analysis for MADUSD

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

-60
Smart Scan Analysis for MADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.102295 0.102420 0.102295 0.102420 +0.000125
Prev. Close Volume Bid Ask Time
0.102295 0.099230 0.105610 2017-06-23 09:03:40
Want to analyze Moroccan Dirham/US Dollar MADUSD or another symbol? Try our Free Forex Trend Analysis Report.