Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

Moroccan Dirham/US Dollar (FOREX:MADUSD)

Sidelines Mode (+50) - MADUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MADUSD can gain momentum.

Is it time to buy, sell, or avoid MADUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for MADUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MADUSD
Open High Low MADUSD Price Change
0.09977236 0.09977236 0.09977236 0.09977236 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MADUSD

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 0.09872608

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 0.09977001

short term up The short-term trend has been UP since Apr 3rd, 2024 at 0.09950453

Smart Scan Analysis for MADUSD

Based on our trend formula, MADUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for MADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09977236 0.09977236 0.09977236 0.09977236 0.00000000
Prev. Close Volume Bid Ask Time
0.09955097 2024-04-09 07:25:48
Get a free daily analysis and signals for Moroccan Dirham/US Dollar (MADUSD) - Request Your Free Report.