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Forex Trend Analysis Report

Prepared for you on Sunday, August 20, 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.

FOREX_MADUSD
Open High Low MADUSD Price Change
0.105525 0.105595 0.105425 0.105425 -0.000100
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 Jun 28th, 2017 at 0.103125

short term down The short term trend has been DOWN since Aug 16th, 2017 at 0.105340

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).

+65
Smart Scan Analysis for MADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.105525 0.105595 0.105425 0.105425 -0.000100
Prev. Close Volume Bid Ask Time
0.105730 0.102590 0.108260 2017-08-18 18:52:15
Want to analyze Moroccan Dirham/US Dollar MADUSD or another symbol? Try our Free Forex Trend Analysis Report.