Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Moroccan Dirham/Australian Dollar (FOREX:MADAUD)
Crossroads (-60) - MADAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for MADAUD
The long-term trend has been UP since Apr 19th, 2021 at 0.14773926
The intermediate-term trend has been DOWN since Oct 7th, 2021 at 0.15123440
The short-term trend has been DOWN since Oct 1st, 2021 at 0.15173806
Smart Scan Analysis for MADAUD
Based on our trend formula, MADAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).