Forex Trend Analysis Report
Prepared for you on Monday, September 16, 2024.
Australian Dollar/Moroccan Dirham (FOREX:AUDMAD)
Weak Downtrend (-65) - AUDMAD is showing signs of a strengthening downtrend. Monitor AUDMAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AUDMAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDMAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AUDMAD
The long-term trend has been DOWN since Jul 25th, 2024 at 6.4691587
The intermediate-term trend has been DOWN since Sep 8th, 2024 at 6.4741350
The short-term trend has been UP since Sep 12th, 2024 at 6.5416818
Smart Scan Analysis for AUDMAD
Based on our trend formula, AUDMAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
6.5597505 | 6.5888270 | 6.5543860 | 6.5843889 | +0.0246380 |
Prev. Close | Volume | Bid | Ask | Time |
6.5597505 | 2024-09-16 19:34:19 |