Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Malagasy Ariary (FOREX:GBPMGA)
Bull Market Weakness (+75) - GBPMGA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPMGA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPMGA?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMGA.
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 GBPMGA
The long-term trend has been UP since Mar 2nd, 2025 at 5990.3300
The intermediate-term trend has been UP since Apr 23rd, 2025 at 6039.9392
The short-term trend has been UP since Apr 23rd, 2025 at 5979.1187
Smart Scan Analysis for GBPMGA
Based on our trend formula, GBPMGA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6034.5232 | 6034.5232 | 6034.5232 | 6034.5232 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6034.5232 | 2025-05-04 11:00:59 |