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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Australian Dollar/Moroccan Dirham (FOREX:AUDMAD)

Weak Uptrend (+65) - AUDMAD is showing signs of weakening momentum to the upside. Monitor AUDMAD as it may be in the beginning stages of a reversal.

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.

FOREX_AUDMAD
Open High Low AUDMAD Price Change
7.217146 7.225238 7.099402 7.152635 -0.064511
Entry Signal

MarketClub’s Trade Triangles for AUDMAD

long term up The long-term trend has been UP since Jan 10th, 2022 at 6.853987

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2022 at 7.065003

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 7.248194

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).

+65
Smart Scan Analysis for AUDMAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.217146 7.225238 7.099402 7.152635 -0.064511
Prev. Close Volume Bid Ask Time
7.217146 2022-08-19 17:04:41
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