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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Moroccan Dirham/Euro (FOREX:MADEUR)

Weak Downtrend (-65) - MADEUR is showing signs of a strengthening downtrend. Monitor MADEUR as it may be building momentum to the downside.

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.

FOREX_MADEUR
Open High Low MADEUR Price Change
0.09341419 0.09341419 0.09341419 0.09341419 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MADEUR

long term up The long-term trend has been UP since Mar 3rd, 2021 at 0.09287660

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2021 at 0.09362254

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 0.09417504

Smart Scan Analysis for MADEUR

Based on our trend formula, MADEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09341419 0.09341419 0.09341419 0.09341419 0.00000000
Prev. Close Volume Bid Ask Time
0.09341419 2021-05-08 09:22:47
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