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Forex Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
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 May 9th, 2023 at 0.09124619
The intermediate-term trend has been DOWN since Aug 28th, 2023 at 0.09229911
The short-term trend has been UP since Sep 10th, 2023 at 0.09132877
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 |
|---|---|---|---|---|
| 0.09152539 | 0.09152539 | 0.09152539 | 0.09152539 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09121037 | 2023-09-16 10:26:26 |