Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Armenian Dram/US Dollar (FOREX:AMDUSD)
Weak Downtrend (-65) - AMDUSD is showing signs of a strengthening downtrend. Monitor AMDUSD as it may be building momentum to the downside.
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.
|
|||||||||||||||
|
|||||||||||||||
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 Nov 18th, 2024 at 0.00260396
The short-term trend has been DOWN since Nov 18th, 2024 at 0.00259040
Smart Scan Analysis for AMDUSD
Based on our trend formula, AMDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00258815 | 0.00258815 | 0.00258815 | 0.00258815 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00258815 | 2024-11-18 07:25:24 |