Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2019.

Australian Dollar/Moroccan Dirham (FOREX:AUDMAD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AUDMAD
Open High Low AUDMAD Price Change
6.86605 6.86865 6.85905 6.86195 -0.00410
Entry Signal

MarketClub’s Trade Triangles for AUDMAD

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 6.6663

intermediate term up The intermediate term trend has been UP since Mar 21st, 2019 at 6.8616

short term down The short term trend has been DOWN since Apr 16th, 2019 at 6.8479

Smart Scan Analysis for AUDMAD

Based on a pre-defined weighted trend formula for chart analysis, AUDMAD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for AUDMAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.86605 6.86865 6.85905 6.86195 -0.00410
Prev. Close Volume Bid Ask Time
6.86605 6.86000 6.86390 2019-04-22 06:06:32
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