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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Malagasy Ariary/British Pound (FOREX:MGAGBP)
Crossroads (-60) - MGAGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MGAGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGAGBP.
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 MGAGBP
The long-term trend has been DOWN since Jul 8th, 2024 at 0.00017413
The intermediate-term trend has been UP since Nov 17th, 2024 at 0.00016848
The short-term trend has been UP since Nov 17th, 2024 at 0.00016760
Smart Scan Analysis for MGAGBP
Based on our trend formula, MGAGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00016869 | 0.00016869 | 0.00016869 | 0.00016869 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00016869 | 2024-11-20 19:11:56 |