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Forex Trend Analysis Report

Prepared for you on Wednesday, February 12, 2025.

Moroccan Dirham/British Pound (FOREX:MADGBP)

Crossroads (-60) - MADGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MADGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MADGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MADGBP
Open High Low MADGBP Price Change
0.08034869 0.08034869 0.08016992 0.08017522 -0.00017300
Entry Signal

MarketClub’s Trade Triangles for MADGBP

long term up The long-term trend has been UP since Dec 5th, 2024 at 0.07865735

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.08038570

short term down The short-term trend has been DOWN since Feb 2nd, 2025 at 0.08038570

Smart Scan Analysis for MADGBP

Based on our trend formula, MADGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MADGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08034869 0.08034869 0.08016992 0.08017522 -0.00017300
Prev. Close Volume Bid Ask Time
0.08042115 2025-02-09 23:17:08
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