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Forex Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Euro/Armenian Dram (FOREX:EURAMD)
Strong Uptrend (+100) - EURAMD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURAMD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for EURAMD
The long-term trend has been UP since Jul 14th, 2024 at 422.9
The intermediate-term trend has been UP since Jul 4th, 2024 at 418.3
The short-term trend has been UP since Sep 7th, 2024 at 429.9
Smart Scan Analysis for EURAMD
Based on our trend formula, EURAMD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 430.2 | 430.2 | 430.2 | 430.2 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 430.2 | 2024-09-07 04:49:21 |