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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Moroccan Dirham/Australian Dollar (FOREX:MADAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MADAUD
Open High Low MADAUD Price Change
0.148160 0.148490 0.147655 0.148390 +0.000230
Entry Signal

MarketClub’s Trade Triangles for MADAUD

long term up The long term trend has been UP since Jan 2nd, 2019 at 0.150010

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 0.148125

short term up The short term trend has been UP since Jul 23rd, 2019 at 0.148250

Smart Scan Analysis for MADAUD

Based on a pre-defined weighted trend formula for chart analysis, MADAUD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for MADAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.148160 0.148490 0.147655 0.148390 +0.000230
Prev. Close Volume Bid Ask Time
0.148160 0.148380 0.148400 2019-07-23 11:56:15
Want to analyze Moroccan Dirham/Australian Dollar MADAUD or another symbol? Try our Free Forex Trend Analysis Report.