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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/Armenian Dram (FOREX:USDAMD)
Crossroads (-60) - USDAMD 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 USDAMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDAMD.
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 USDAMD
The long-term trend has been DOWN since Mar 3rd, 2025 at 392.19415
The intermediate-term trend has been UP since Apr 22nd, 2025 at 392.67087
The short-term trend has been UP since May 3rd, 2025 at 389.45000
Smart Scan Analysis for USDAMD
Based on our trend formula, USDAMD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 389.93321 | 389.93321 | 389.93321 | 389.93321 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 389.93321 | 2025-05-03 16:46:28 |