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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Armenian Dram/Euro (FOREX:AMDEUR)

Long-Term Uptrend (+90) - AMDEUR is in a strong uptrend that is likely to continue. While AMDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid AMDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for AMDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AMDEUR
Open High Low AMDEUR Price Change
0.00241465 0.00241465 0.00241465 0.00241465 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AMDEUR

long term up The long-term trend has been UP since Mar 28th, 2024 at 0.00231845

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 0.00239431

short term up The short-term trend has been UP since Jun 21st, 2024 at 0.00242171

Smart Scan Analysis for AMDEUR

Based on our trend formula, AMDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for AMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00241465 0.00241465 0.00241465 0.00241465 0.00000000
Prev. Close Volume Bid Ask Time
0.00241465 2024-06-24 21:01:16
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