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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Moroccan Dirham/Euro (FOREX:MADEUR)
Sidelines Mode (+50) - MADEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MADEUR can gain momentum.
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 DOWN since Sep 17th, 2024 at 0.09243917
The intermediate-term trend has been UP since Sep 25th, 2024 at 0.09263976
The short-term trend has been UP since Sep 25th, 2024 at 0.09263976
Smart Scan Analysis for MADEUR
Based on our trend formula, MADEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09340283 | 0.09340283 | 0.09340283 | 0.09340283 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09340283 | 2024-10-22 07:25:25 |