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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Moroccan Dirham/Euro (FOREX:MADEUR)

Sidelines Mode (+55) - MADEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_MADEUR
Open High Low MADEUR Price Change
0.09531259 0.09531259 0.09531259 0.09531259 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MADEUR

long term up The long-term trend has been UP since Jun 17th, 2021 at 0.09417504

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 0.09482763

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 0.09541182

Smart Scan Analysis for MADEUR

Based on our trend formula, MADEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09531259 0.09531259 0.09531259 0.09531259 0.00000000
Prev. Close Volume Bid Ask Time
0.09531259 2021-10-15 07:17:35
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