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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Moroccan Dirham/Euro (FOREX:MADEUR)

Strong Downtrend (-100) - MADEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MADEUR continues to fall. Traders should use caution and set stops.

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
0.09489339 0.09489339 0.09489339 0.09489339 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MADEUR

long term down The long-term trend has been DOWN since Jan 13th, 2022 at 0.09501343

intermediate term down The intermediate-term trend has been DOWN since Dec 26th, 2021 at 0.09561730

short term down The short-term trend has been DOWN since Jan 12th, 2022 at 0.09519089

Smart Scan Analysis for MADEUR

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

-100
Smart Scan Analysis for MADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09489339 0.09489339 0.09489339 0.09489339 0.00000000
Prev. Close Volume Bid Ask Time
0.09515824 2022-01-13 07:15:18
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