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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Moroccan Dirham/British Pound (FOREX:MADGBP)
Countertrend Up (+85) - MADGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Apr 12th, 2024 at 0.07985450
The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.07858823
The short-term trend has been UP since Apr 12th, 2024 at 0.07911119
Smart Scan Analysis for MADGBP
Based on our trend formula, MADGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07945816 | 0.07945816 | 0.07945816 | 0.07945816 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07945816 | 2024-04-20 05:38:10 |