Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Moroccan Dirham/Euro (FOREX:MADEUR)
Sidelines Mode (+55) - MADEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MADEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MADEUR.
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 MADEUR
The long-term trend has been UP since Feb 5th, 2024 at 0.09244602
The intermediate-term trend has been UP since Mar 29th, 2024 at 0.09187892
The short-term trend has been DOWN since Apr 24th, 2024 at 0.09254279
Smart Scan Analysis for MADEUR
Based on our trend formula, MADEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.09228973 | 0.09228973 | 0.09228973 | 0.09228973 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.09222753 | 2024-04-24 21:01:01 |