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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Armenian Dram/Euro (FOREX:AMDEUR)
Countertrend Down (-85) - AMDEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for AMDEUR
The long-term trend has been DOWN since Jul 14th, 2024 at 0.00237659
The intermediate-term trend has been DOWN since Jul 4th, 2024 at 0.00240299
The short-term trend has been UP since Jul 21st, 2024 at 0.00237659
Smart Scan Analysis for AMDEUR
Based on our trend formula, AMDEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00238685 | 0.00238685 | 0.00238685 | 0.00238685 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00238685 | 2024-07-26 14:00:13 |