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.
MarketClub’s Trade Triangles for MADEUR
The long-term trend has been DOWN since Dec 22nd, 2020 at 0.09141568
The intermediate-term trend has been UP since Feb 7th, 2021 at 0.09276104
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).