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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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 ?

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
6.5376048 6.5469868 6.5163452 6.5267143 -0.0108910
Entry Signal

MarketClub’s Trade Triangles for AUDMAD

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 6.4846500

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2020 at 6.5679334

short term up The short-term trend has been UP since Feb 11th, 2020 at 6.5125018

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
6.5376048 6.5469868 6.5163452 6.5267143 -0.0108910
Prev. Close Volume Bid Ask Time
6.5376048 6.5247698 6.5286588 2020-02-17 17:34:49
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