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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.

FOREX_MADEUR
Open High Low MADEUR Price Change
0.09152539 0.09152539 0.09152539 0.09152539 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MADEUR

long term up The long-term trend has been UP since May 9th, 2023 at 0.09124619

intermediate term down The intermediate-term trend has been DOWN since Aug 28th, 2023 at 0.09229911

short term up 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).

-55
Smart Scan Analysis for MADEUR
Strong Downtrend Sideways 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
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