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Forex Trend Analysis Report
Prepared for you on Tuesday, February 24, 2026.
Euro/Malagasy Ariary (FOREX:EURMGA)
Strong Downtrend (-100) - EURMGA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURMGA continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURMGA?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMGA.
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 EURMGA
The long-term trend has been DOWN since Feb 18th, 2026 at 5194
The intermediate-term trend has been DOWN since Jan 25th, 2026 at 5400
The short-term trend has been DOWN since Jan 25th, 2026 at 5326
Smart Scan Analysis for EURMGA
Based on our trend formula, EURMGA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5036 | 5036 | 5036 | 5036 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5036 | 2026-02-23 14:08:39 |