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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 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 Nov 12th, 2024 at 0.09361202
The intermediate-term trend has been UP since Dec 21st, 2024 at 0.09562371
The short-term trend has been UP since Dec 21st, 2024 at 0.09562371
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 |
|---|---|---|---|---|
| 0.09571533 | 0.09571533 | 0.09571533 | 0.09571533 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09549573 | 2024-12-21 08:23:54 |