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Forex Trend Analysis Report
Prepared for you on Monday, September 8, 2025.
Euro/Malagasy Ariary (FOREX:EURMGA)
Countertrend Up (+85) - EURMGA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for EURMGA
The long-term trend has been UP since Mar 12th, 2025 at 4962
The intermediate-term trend has been UP since Aug 17th, 2025 at 5180
The short-term trend has been UP since Aug 17th, 2025 at 5180
Smart Scan Analysis for EURMGA
Based on our trend formula, EURMGA is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5200 | 5200 | 5200 | 5200 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5200 | 2025-09-06 04:06:40 |