Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Myanmar Kyat (FOREX:EURMMK)
Crossroads (+60) - EURMMK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURMMK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMMK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURMMK
The long-term trend has been DOWN since Apr 12th, 2024 at 2248.6
The intermediate-term trend has been UP since May 7th, 2024 at 2252.9
The short-term trend has been UP since May 7th, 2024 at 2252.9
Smart Scan Analysis for EURMMK
Based on our trend formula, EURMMK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2257.3 | 2257.3 | 2257.3 | 2257.3 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2254.3 | 2024-05-08 21:02:49 |