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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/Moroccan Dirham (FOREX:EURMAD)
Weak Downtrend (-65) - EURMAD is showing signs of a strengthening downtrend. Monitor EURMAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURMAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMAD.
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 EURMAD
The long-term trend has been UP since Mar 9th, 2025 at 10.5482
The intermediate-term trend has been DOWN since May 7th, 2025 at 10.5244
The short-term trend has been DOWN since May 7th, 2025 at 10.5244
Smart Scan Analysis for EURMAD
Based on our trend formula, EURMAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.4758 | 10.4758 | 10.4758 | 10.4758 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.4274 | 2025-05-07 07:25:21 |