
Forex Trend Analysis Report
Prepared for you on Sunday, February 9, 2025.
Malagasy Ariary/US Dollar (FOREX:MGAUSD)
Countertrend Down (-85) - MGAUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MGAUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGAUSD.
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 MGAUSD
The long-term trend has been DOWN since Jun 21st, 2024 at 0.00022199
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.00021213
The short-term trend has been UP since Feb 2nd, 2025 at 0.00021396
Smart Scan Analysis for MGAUSD
Based on our trend formula, MGAUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
0.0002113 | 0.0002113 | 0.0002113 | 0.0002113 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.0002113 | 2025-02-08 10:15:33 |