USD/MGA 4625.94612

Market Overview

Market Overview The USD/MGA closed at 4625.95, slightly down by 0.00% from the previous close, continuing an overall uptrend despite minor fluctuations over the past month. The 30-day return stands at -1.78%, with the pair trading near its 20-day SMA of 4626.29, 50-day DMA of 4626.39, and 200-day DMA also close to these levels, indicating consolidation within an upward momentum. The RSI suggests moderate strength, while nearest support is around 4600 and resistance near 4630. No major economic events are scheduled imminently, but ongoing monitoring of Madagascar’s export data and US monetary policy remains relevant. For information only. Last Updated 1/29/26