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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Armenian Dram/US Dollar (FOREX:AMDUSD)
Sidelines Mode (+50) - AMDUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until AMDUSD can gain momentum.
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 DOWN since Nov 27th, 2024 at 0.00258324
The intermediate-term trend has been UP since Jan 13th, 2025 at 0.00251191
The short-term trend has been UP since Dec 10th, 2024 at 0.00250570
Smart Scan Analysis for AMDUSD
Based on our trend formula, AMDUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00251596 | 0.00251596 | 0.00251596 | 0.00251596 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00250913 | 2025-01-13 07:25:14 |