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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Armenian Dram/Euro (FOREX:AMDEUR)

Bull Market Weakness (+75) - AMDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AMDEUR as it may be in the beginning stages of a reversal.

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
0.00243654 0.00243654 0.00243654 0.00243654 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AMDEUR

long term up The long-term trend has been UP since Mar 8th, 2023 at 0.00244216

intermediate term up The intermediate-term trend has been UP since Feb 6th, 2023 at 0.00234643

short term up The short-term trend has been UP since Feb 6th, 2023 at 0.00234042

Smart Scan Analysis for AMDEUR

Based on our trend formula, AMDEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00243654 0.00243654 0.00243654 0.00243654 0.00000000
Prev. Close Volume Bid Ask Time
0.00243654 2023-03-18 03:55:50
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