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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
Moroccan Dirham/Australian Dollar (FOREX:MADAUD)
Long-Term Uptrend (+90) - MADAUD is in a strong uptrend that is likely to continue. While MADAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for MADAUD
The long-term trend has been UP since Nov 1st, 2024 at 0.16072650
The intermediate-term trend has been UP since Oct 14th, 2024 at 0.15206244
The short-term trend has been UP since Dec 11th, 2024 at 0.15722254
Smart Scan Analysis for MADAUD
Based on our trend formula, MADAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.15688703 | 0.15806135 | 0.15606503 | 0.15620749 | -0.00068000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.15688703 | 2024-12-11 20:36:54 |