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Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
Moroccan Dirham/Australian Dollar (FOREX:MADAUD)
Strong Uptrend (+100) - MADAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MADAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for MADAUD
The long-term trend has been UP since Nov 1st, 2024 at 0.16072650
The intermediate-term trend has been UP since Oct 14th, 2024 at 0.15206244
The short-term trend has been UP since Nov 25th, 2024 at 0.15405014
Smart Scan Analysis for MADAUD
Based on our trend formula, MADAUD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.15410606 | 0.15590019 | 0.15325078 | 0.15573007 | +0.00162400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.15410606 | 2024-12-03 22:50:12 |