Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Euro/Malagasy Ariary (FOREX:EURMGA)

Weak Downtrend (-65) - EURMGA is showing signs of a strengthening downtrend. Monitor EURMGA as it may be building momentum to the downside.

Is it time to buy, sell, or avoid EURMGA?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURMGA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURMGA
Open High Low EURMGA Price Change
4532.59 4532.59 4532.59 4532.59 0.00
Entry Signal

MarketClub’s Trade Triangles for EURMGA

long term up The long-term trend has been UP since Jan 4th, 2021 at 4809.15

intermediate term down The intermediate-term trend has been DOWN since Jan 14th, 2021 at 4586.92

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 4533.15

Smart Scan Analysis for EURMGA

Based on our trend formula, EURMGA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURMGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4532.59 4532.59 4532.59 4532.59 0.00
Prev. Close Volume Bid Ask Time
4532.59 2021-03-03 07:30:03
Get a free daily analysis and signals for Euro/Malagasy Ariary (EURMGA) - Request Your Free Report.