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Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

Moroccan Dirham/Australian Dollar (FOREX:MADAUD)

Weak Downtrend (-65) - MADAUD is showing signs of a strengthening downtrend. Monitor MADAUD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MADAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for MADAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MADAUD
Open High Low MADAUD Price Change
0.14399697 0.14406319 0.14397125 0.14402639 +0.00002900
Entry Signal

MarketClub’s Trade Triangles for MADAUD

long term up The long-term trend has been UP since Apr 19th, 2021 at 0.14773926

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2021 at 0.13684691

short term down The short-term trend has been DOWN since Apr 19th, 2021 at 0.13684691

Smart Scan Analysis for MADAUD

Based on our trend formula, MADAUD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14399697 0.14406319 0.14397125 0.14402639 +0.00002900
Prev. Close Volume Bid Ask Time
0.14399697 2021-05-11 00:36:54
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