Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, June 20, 2025.
US Dollar/Malagasy Ariary (FOREX:USDMGA)
Countertrend Down (-85) - USDMGA 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 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.
|
|||||||||||||||
|
|||||||||||||||
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 Jun 17th, 2025 at 4452.9457
The short-term trend has been UP since Jun 13th, 2025 at 4490.0000
Smart Scan Analysis for USDMGA
Based on our trend formula, USDMGA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4430 | 4430 | 4430 | 4430 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4430 | 2025-06-19 15:01:58 |