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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Malagasy Ariary (FOREX:EURMGA)
Strong Uptrend (+100) - EURMGA is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURMGA continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Jul 10th, 2024 at 4865
The intermediate-term trend has been UP since Jul 7th, 2024 at 4836
The short-term trend has been UP since Jul 2nd, 2024 at 4791
Smart Scan Analysis for EURMGA
Based on our trend formula, EURMGA is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4941 | 4941 | 4941 | 4941 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4941 | 2024-07-26 14:00:16 |