Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
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.
|
MarketClub’s Trade Triangles for EURMAD
The long-term trend has been DOWN since Feb 5th, 2024 at 10.8278
The intermediate-term trend has been UP since Feb 19th, 2024 at 10.8670
The short-term trend has been DOWN since Mar 18th, 2024 at 10.9652
Smart Scan Analysis for EURMAD
Based on our trend formula, EURMAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
10.9558 | 10.9558 | 10.9558 | 10.9558 | 0.0000 |
Prev. Close | Volume | Bid | Ask | Time |
10.9558 | 2024-03-18 22:07:01 |