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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Moroccan Dirham/Australian Dollar (FOREX:MADAUD)

Sidelines Mode (-55) - MADAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MADAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for MADAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MADAUD
Open High Low MADAUD Price Change
0.13881826 0.13920055 0.13778260 0.13891803 +0.00010000
Entry Signal

MarketClub’s Trade Triangles for MADAUD

long term down The long-term trend has been DOWN since Jan 10th, 2022 at 0.14590050

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2022 at 0.14154278

short term up The short-term trend has been UP since Aug 17th, 2022 at 0.13796542

Smart Scan Analysis for MADAUD

Based on our trend formula, MADAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13881826 0.13920055 0.13778260 0.13891803 +0.00010000
Prev. Close Volume Bid Ask Time
0.13881826 2022-08-18 07:45:37
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