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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Moroccan Dirham/US Dollar (FOREX:MADUSD)
Strong Downtrend (-100) - MADUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MADUSD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for MADUSD
The long-term trend has been DOWN since Nov 12th, 2024 at 0.10096042
The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 0.10249398
The short-term trend has been DOWN since Oct 1st, 2024 at 0.10264575
Smart Scan Analysis for MADUSD
Based on our trend formula, MADUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10084732 | 0.10084732 | 0.10084732 | 0.10084732 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10010881 | 2024-11-12 07:25:11 |