Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

British Pound/Malagasy Ariary (FOREX:GBPMGA)

Countertrend Up (+85) - GBPMGA 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 GBPMGA?

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

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

FOREX_GBPMGA
Open High Low GBPMGA Price Change
6034.4828 6039.5097 6034.4828 6038.6473 +4.1645
Entry Signal

MarketClub’s Trade Triangles for GBPMGA

long term up The long-term trend has been UP since Mar 2nd, 2025 at 5990.3300

intermediate term up The intermediate-term trend has been UP since May 25th, 2025 at 6036.2771

short term up The short-term trend has been UP since May 23rd, 2025 at 6034.5232

Smart Scan Analysis for GBPMGA

Based on our trend formula, GBPMGA is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPMGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6034.4828 6039.5097 6034.4828 6038.6473 +4.1645
Prev. Close Volume Bid Ask Time
6176.6302 2025-05-25 21:00:09
Get a free daily analysis and signals for British Pound/Malagasy Ariary (GBPMGA) - Request Your Free Report.