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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Moroccan Dirham/Australian Dollar (FOREX:MADAUD)

Weak Uptrend (+65) - MADAUD is showing signs of weakening momentum to the upside. Monitor MADAUD as it may be in the beginning stages of a reversal.

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
0.15183608 0.15183608 0.15161794 0.15165618 -0.00018000
Entry Signal

MarketClub’s Trade Triangles for MADAUD

long term up The long-term trend has been UP since Jan 23rd, 2024 at 0.15585650

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2024 at 0.15058182

short term up The short-term trend has been UP since Mar 12th, 2024 at 0.15120166

Smart Scan Analysis for MADAUD

Based on our trend formula, MADAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15183608 0.15183608 0.15161794 0.15165618 -0.00018000
Prev. Close Volume Bid Ask Time
0.15183608 2024-03-19 00:16:09
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