Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 23, 2022.

Moroccan Dirham/British Pound (FOREX:MADGBP)

Bull Market Weakness (+75) - MADGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MADGBP as it may be in the beginning stages of a reversal.

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
0.08008749 0.08008749 0.08008749 0.08008749 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MADGBP

long term up The long-term trend has been UP since May 3rd, 2022 at 0.07971013

intermediate term up The intermediate-term trend has been UP since May 3rd, 2022 at 0.07971013

short term up The short-term trend has been UP since Mar 18th, 2022 at 0.07771653

Smart Scan Analysis for MADGBP

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

+70
Smart Scan Analysis for MADGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08008749 0.08008749 0.08008749 0.08008749 0.00000000
Prev. Close Volume Bid Ask Time
0.08008749 2022-05-19 07:25:40
Get a free daily analysis and signals for Moroccan Dirham/British Pound (MADGBP) - Request Your Free Report.