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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Moroccan Dirham/South African Rand (FOREX:MADZAR)
Crossroads (-60) - MADZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MADZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MADZAR.
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 MADZAR
The long-term trend has been UP since Dec 30th, 2024 at 1.8305079
The intermediate-term trend has been DOWN since May 7th, 2025 at 1.9997815
The short-term trend has been DOWN since Apr 22nd, 2025 at 2.0294873
Smart Scan Analysis for MADZAR
Based on our trend formula, MADZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.984379 | 1.984379 | 1.984379 | 1.984379 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.970902 | 2025-05-07 07:25:21 |