Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2024.
Moroccan Dirham/British Pound (FOREX:MADGBP)
Bull Market Weakness (+75) - MADGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MADGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MADGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MADGBP.
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 MADGBP
The long-term trend has been UP since Dec 5th, 2024 at 0.07865735
The intermediate-term trend has been UP since Nov 12th, 2024 at 0.07791197
The short-term trend has been UP since Oct 3rd, 2024 at 0.07742224
Smart Scan Analysis for MADGBP
Based on our trend formula, MADGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07881763 | 0.07881763 | 0.07881763 | 0.07881763 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07881763 | 2024-12-07 04:22:56 |