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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

Moroccan Dirham/Euro (FOREX:MADEUR)

Crossroads (-60) - MADEUR is struggling to move into a solid trend. Beware of choppy markets 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
0.09234433 0.09234433 0.09234433 0.09234433 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MADEUR

long term down The long-term trend has been DOWN since Dec 22nd, 2020 at 0.09141568

intermediate term up The intermediate-term trend has been UP since Feb 7th, 2021 at 0.09276104

short term up The short-term trend has been UP since Feb 22nd, 2021 at 0.09247768

Smart Scan Analysis for MADEUR

Based on our trend formula, MADEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09234433 0.09234433 0.09234433 0.09234433 0.00000000
Prev. Close Volume Bid Ask Time
0.09244345 2021-02-24 07:23:15
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