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Forex Trend Analysis Report
Prepared for you on Sunday, February 1, 2026.
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.
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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 DOWN since Jan 25th, 2026 at 5400
The short-term trend has been DOWN since Jan 25th, 2026 at 5326
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5340 | 5340 | 5340 | 5340 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5340 | 2026-01-29 21:05:30 |