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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Moroccan Dirham/Australian Dollar (FOREX:MADAUD)

Strong Uptrend (+100) - MADAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MADAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.15524028 0.15528533 0.15458829 0.15513863 -0.00010200
Entry Signal

MarketClub’s Trade Triangles for MADAUD

long term up The long-term trend has been UP since Jul 25th, 2024 at 0.15458447

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2024 at 0.15196800

short term up The short-term trend has been UP since Jul 14th, 2024 at 0.15082812

Smart Scan Analysis for MADAUD

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

+100
Smart Scan Analysis for MADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15524028 0.15528533 0.15458829 0.15513863 -0.00010200
Prev. Close Volume Bid Ask Time
0.15524028 2024-07-26 17:02:26
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