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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Moroccan Dirham/Australian Dollar (FOREX:MADAUD)
Countertrend Up (+85) - MADAUD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 DOWN since Dec 25th, 2024 at 0.15847435
Smart Scan Analysis for MADAUD
Based on our trend formula, MADAUD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.15917941 | 0.15969384 | 0.15898959 | 0.15968229 | +0.00050300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.15917941 | 2024-12-26 10:00:34 |