MACD is indicating a bearish trend. Also, the low went below the bottom parallel band which could also be an indication of a bearish trend.
hardikbilota
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@Mudrex important factor to observe with lagging indicators like MACD is volume. If crossover of 2 ma or above/below zero line happens it needs to see volume else it could be sideways movement. It can turn out to be bearish but not atleast for now..