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.
MarketClub’s Trade Triangles for MADAUD
The long-term trend has been DOWN since Dec 10th, 2020 at 0.14722362
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.15023384
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).