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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Armenian Dram/US Dollar (FOREX:AMDUSD)
Bull Market Weakness (+75) - AMDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AMDUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AMDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMDUSD.
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 AMDUSD
The long-term trend has been UP since Mar 28th, 2024 at 0.00251572
The intermediate-term trend has been DOWN since Jun 13th, 2024 at 0.00258789
The short-term trend has been UP since Jul 23rd, 2024 at 0.00259184
Smart Scan Analysis for AMDUSD
Based on our trend formula, AMDUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00259145 | 0.00259247 | 0.00259145 | 0.00259247 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00259145 | 2024-07-26 14:00:13 |