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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.
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MarketClub’s Trade Triangles for MADUSD
The long-term trend has been DOWN since Aug 9th, 2021 at 0.11163280
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 0.10134499
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).
| 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 |