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Forex Trend Analysis Report
Prepared for you on Thursday, September 12, 2024.
Moroccan Dirham/US Dollar (FOREX:MADUSD)
Bull Market Weakness (+75) - MADUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MADUSD as it may be in the beginning stages of a reversal.
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 UP since May 15th, 2024 at 0.10012949
The intermediate-term trend has been UP since Aug 16th, 2024 at 0.10223836
The short-term trend has been UP since Aug 14th, 2024 at 0.10201571
Smart Scan Analysis for MADUSD
Based on our trend formula, MADUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10298355 | 0.10298355 | 0.10298355 | 0.10298355 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10298355 | 2024-09-07 04:49:22 |