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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Moroccan Dirham/Australian Dollar (FOREX:MADAUD)

Weak Downtrend (-65) - MADAUD is showing signs of a strengthening downtrend. Monitor MADAUD as it may be building momentum to the downside.

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
0.14439933 0.14465484 0.14361769 0.14409350 -0.00030600
Entry Signal

MarketClub’s Trade Triangles for MADAUD

long term down The long-term trend has been DOWN since Dec 10th, 2020 at 0.14722362

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.15023384

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.14390569

Smart Scan Analysis for MADAUD

Based on our trend formula, MADAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14439933 0.14465484 0.14361769 0.14409350 -0.00030600
Prev. Close Volume Bid Ask Time
0.14439933 2021-03-01 15:22:17
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