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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Moroccan Dirham/US Dollar (FOREX:MADUSD)

Sidelines Mode (-55) - MADUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.10214780 0.10214780 0.10179353 0.10179353 -0.00035400
Entry Signal

MarketClub’s Trade Triangles for MADUSD

long term down The long-term trend has been DOWN since Mar 29th, 2020 at 0.10269536

intermediate term up The intermediate-term trend has been UP since May 4th, 2020 at 0.10018051

short term down The short-term trend has been DOWN since May 18th, 2020 at 0.10140886

Smart Scan Analysis for MADUSD

Based on our trend formula, MADUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10214780 0.10214780 0.10179353 0.10179353 -0.00035400
Prev. Close Volume Bid Ask Time
0.10140353 0.09857862 0.10500844 2020-05-21 21:08:17
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