Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/Armenian Dram (FOREX:EURAMD)
Sidelines Mode (+55) - EURAMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURAMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURAMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURAMD
The long-term trend has been UP since Mar 7th, 2025 at 424.2
The intermediate-term trend has been UP since Mar 5th, 2025 at 418.9
The short-term trend has been DOWN since Apr 24th, 2025 at 443.5
Smart Scan Analysis for EURAMD
Based on our trend formula, EURAMD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 440.8 | 440.8 | 440.8 | 440.8 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 440.8 | 2025-05-03 16:46:28 |