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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

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
0.16130282 0.16166407 0.15949695 0.15956380 -0.00173900
Entry Signal

MarketClub’s Trade Triangles for MADAUD

long term up The long-term trend has been UP since Jan 30th, 2020 at 0.15421500

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2020 at 0.15225491

short term down The short-term trend has been DOWN since Mar 20th, 2020 at 0.17035609

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
0.16130282 0.16166407 0.15949695 0.15956380 -0.00173900
Prev. Close Volume Bid Ask Time
0.16130282 0.15955986 0.15956773 2020-04-06 09:10:49
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