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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
US Dollar/Malagasy Ariary (FOREX:USDMGA)
Long-Term Downtrend (-90) - USDMGA is in a strong downtrend that is likely to continue. While USDMGA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDMGA?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMGA.
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 USDMGA
The long-term trend has been DOWN since Mar 28th, 2025 at 4644.1415
The intermediate-term trend has been DOWN since Mar 17th, 2025 at 4666.1554
The short-term trend has been DOWN since May 23rd, 2025 at 4467.5000
Smart Scan Analysis for USDMGA
Based on our trend formula, USDMGA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4464.0894 | 4464.0894 | 4452.9457 | 4452.9457 | -11.1437 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4570.1379 | 2025-05-25 21:00:09 |