Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

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.

FOREX_MADUSD
Open High Low MADUSD Price Change
0.09905121 0.09905121 0.09905121 0.09905121 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MADUSD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 0.11163280

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 0.10134499

short term down The short-term trend has been DOWN since Jun 22nd, 2022 at 0.10134499

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).

-100
Smart Scan Analysis for MADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09905121 0.09905121 0.09905121 0.09905121 0.00000000
Prev. Close Volume Bid Ask Time
0.09905121 2022-06-29 07:17:22
Get a free daily analysis and signals for Moroccan Dirham/US Dollar (MADUSD) - Request Your Free Report.