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Forex Trend Analysis Report
Prepared for you on Sunday, November 2, 2025.
Malagasy Ariary/South African Rand (FOREX:MGAZAR)
Countertrend Down (-85) - MGAZAR 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 MGAZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGAZAR.
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 MGAZAR
The long-term trend has been DOWN since Sep 9th, 2025 at 0.00389964
The intermediate-term trend has been DOWN since Aug 13th, 2025 at 0.00395122
The short-term trend has been UP since Oct 30th, 2025 at 0.00387528
Smart Scan Analysis for MGAZAR
Based on our trend formula, MGAZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00384390 | 0.00384832 | 0.00383886 | 0.00384079 | -0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00384390 | 2025-11-02 23:37:27 |