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Forex Trend Analysis Report

Prepared for you on Saturday, February 8, 2025.

Euro/Armenian Dram (FOREX:EURAMD)

Weak Downtrend (-65) - EURAMD is showing signs of a strengthening downtrend. Monitor EURAMD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid EURAMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURAMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURAMD
Open High Low EURAMD Price Change
414.9 414.9 414.9 414.9 0.0
Entry Signal

MarketClub’s Trade Triangles for EURAMD

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 417.1

intermediate term up The intermediate-term trend has been UP since Jan 23rd, 2025 at 411.7

short term down The short-term trend has been DOWN since Feb 2nd, 2025 at 417.5

Smart Scan Analysis for EURAMD

Based on our trend formula, EURAMD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
414.9 414.9 414.9 414.9 0.0
Prev. Close Volume Bid Ask Time
414.8 2025-02-02 14:27:08
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