Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Armenian Dram/Euro (FOREX:AMDEUR)
Sidelines Mode (-55) - AMDEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for AMDEUR
The long-term trend has been UP since Nov 18th, 2024 at 0.00240997
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 0.00243893
The short-term trend has been UP since Dec 10th, 2024 at 0.00237829
Smart Scan Analysis for AMDEUR
Based on our trend formula, AMDEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00244974 | 0.00244974 | 0.00244974 | 0.00244974 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00241876 | 2024-12-21 08:23:54 |