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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
US Dollar/Malagasy Ariary (FOREX:USDMGA)
Sidelines Mode (+55) - USDMGA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for USDMGA
The long-term trend has been UP since Jul 3rd, 2024 at 4526.9454
The intermediate-term trend has been UP since Mar 2nd, 2025 at 4727.5000
The short-term trend has been DOWN since Mar 4th, 2025 at 4720.0000
Smart Scan Analysis for USDMGA
Based on our trend formula, USDMGA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4689.7061 | 4689.7061 | 4689.7061 | 4689.7061 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4670.7163 | 2025-03-08 17:19:52 |