Today's MAD to EUR Price Update

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Summary

This report provides the real-time exchange rate between the Moroccan Dirham (MAD) and the Euro (EUR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Euro (EUR) is one of the world’s major fiat currencies, while the Moroccan Dirham (MAD) is the official currency of Morocco. The exchange rate between them reflects market sentiment regarding currency valuation and regional economic conditions.

Today’s Price

  • 1 MAD = 0.0924 EUR
  • 24h High: 0.092502 EUR
  • 24h Low: 0.092183 EUR

Market Analysis

Recent MAD/EUR price movements show relatively tight trading ranges within a narrow band. Technical indicators suggest mixed signals in the market.

  • Technical levels: Williams %R indicates overbought conditions at -0.906, while STOCH(9,6) shows a reading of 65.517 suggesting buying pressure
  • Short-term forecast: MAD/EUR is anticipated to move toward €0.0931 within one week and €0.0936 within four weeks
  • Long-term outlook: Forecasts suggest MAD/EUR may decline to €0.08744 by the end of 2026 (-5.26% from current levels)

Conclusion

Continue to monitor the MAD/EUR pair closely. Traders should be aware of the overbought technical conditions while considering the bullish short-term forecasts. Watch for potential resistance around €0.0936 in the near term, while longer-term positioning should account for the anticipated depreciation trend toward year-end 2026.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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