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Forex Trend Analysis Report
Prepared for you on Monday, October 6, 2025.
Malagasy Ariary/South African Rand (FOREX:MGAZAR)
Strong Downtrend (-100) - MGAZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MGAZAR continues to fall. Traders should use caution 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 DOWN since Oct 2nd, 2025 at 0.00384690
Smart Scan Analysis for MGAZAR
Based on our trend formula, MGAZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00385381 | 0.00387512 | 0.00383540 | 0.00383930 | -0.00001500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00385381 | 2025-10-06 16:59:48 |