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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Moroccan Dirham/Euro (FOREX:MADEUR)
Bull Market Weakness (+75) - MADEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MADEUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MADEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MADEUR.
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 MADEUR
The long-term trend has been UP since Feb 5th, 2024 at 0.09244602
The intermediate-term trend has been UP since Mar 29th, 2024 at 0.09187892
The short-term trend has been UP since Apr 12th, 2024 at 0.09218753
Smart Scan Analysis for MADEUR
Based on our trend formula, MADEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09260112 | 0.09260112 | 0.09260112 | 0.09260112 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09260112 | 2024-04-23 07:26:26 |