Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
US Dollar/Moroccan Dirham (FOREX:USDMAD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.
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MarketClub’s Trade Triangles for USDMAD
The long term trend has been UP since Dec 14th, 2018 at 9.5938
The intermediate term trend has been DOWN since Jan 7th, 2019 at 9.4990
The short term trend has been UP since Feb 14th, 2019 at 9.5585
Smart Scan Analysis for USDMAD
Based on a pre-defined weighted trend formula for chart analysis, USDMAD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.5328 | 9.5328 | 9.5328 | 9.5328 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.5328 | 9.2320 | 9.8336 | 2019-02-17 20:17:58 |