Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
British Pound/Moroccan Dirham (FOREX:GBPMAD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
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MarketClub’s Trade Triangles for GBPMAD
The long term trend has been UP since Oct 17th, 2019 at 12.177500
The intermediate term trend has been UP since Oct 13th, 2019 at 12.107000
The short term trend has been DOWN since Jan 9th, 2020 at 12.549982
Smart Scan Analysis for GBPMAD
Based on a pre-defined weighted trend formula for chart analysis, GBPMAD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.558967 | 12.558967 | 12.558967 | 12.558967 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.558967 | 12.158189 | 12.959745 | 2020-01-12 13:08:55 |