Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Moroccan Dirham/US Dollar (FOREX:MADUSD)
Countertrend Down (-85) - MADUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MADUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MADUSD.
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 MADUSD
The long-term trend has been DOWN since Mar 28th, 2024 at 0.09872608
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 0.09882181
The short-term trend has been UP since Apr 26th, 2024 at 0.09902573
Smart Scan Analysis for MADUSD
Based on our trend formula, MADUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.09915034 | 0.09915034 | 0.09915034 | 0.09915034 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.09915034 | 2024-04-26 07:26:06 |