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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Australian Dollar/Moroccan Dirham (FOREX:AUDMAD)
Bear Market Rally (-75) - AUDMAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDMAD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AUDMAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDMAD.
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 AUDMAD
The long-term trend has been DOWN since Mar 3rd, 2025 at 6.1628153
The intermediate-term trend has been UP since Apr 30th, 2025 at 5.9700863
The short-term trend has been DOWN since May 6th, 2025 at 5.9385688
Smart Scan Analysis for AUDMAD
Based on our trend formula, AUDMAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.9108949 | 5.9210463 | 5.9030506 | 5.9047118 | -0.0061830 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.9108949 | 2025-05-09 06:09:34 |