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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/Moroccan Dirham (FOREX:USDMAD)
Strong Downtrend (-100) - USDMAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDMAD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDMAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMAD.
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 USDMAD
The long-term trend has been DOWN since Mar 5th, 2025 at 9.894916
The intermediate-term trend has been DOWN since Feb 14th, 2025 at 9.958385
The short-term trend has been DOWN since May 7th, 2025 at 9.232740
Smart Scan Analysis for USDMAD
Based on our trend formula, USDMAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.216381 | 9.216381 | 9.216381 | 9.216381 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.228563 | 2025-05-07 07:25:21 |