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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2019.

Moroccan Dirham/US Dollar (FOREX:MADUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MADUSD
Open High Low MADUSD Price Change
0.10410154 0.10410154 0.10410154 0.10410154 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MADUSD

long term down The long term trend has been DOWN since Sep 23rd, 2019 at 0.10307000

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 0.10388112

short term up The short term trend has been UP since Dec 3rd, 2019 at 0.10376314

Smart Scan Analysis for MADUSD

Based on a pre-defined weighted trend formula for chart analysis, MADUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10410154 0.10410154 0.10410154 0.10410154 0.00000000
Prev. Close Volume Bid Ask Time
0.10392604 0.10078651 0.10741656 2019-12-05 20:00:17
Want to analyze Moroccan Dirham/US Dollar MADUSD or another symbol? Try our Free Forex Trend Analysis Report.