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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Euro/Maltese Lira (FOREX:EURMTL)

Weak Downtrend (-65) - EURMTL is showing signs of a strengthening downtrend. Monitor EURMTL as it may be building momentum to the downside.

Is it time to buy, sell, or avoid EURMTL?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURMTL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURMTL
Open High Low EURMTL Price Change
0.31489418 0.31587891 0.31416976 0.31564746 +0.00075300
Entry Signal

MarketClub’s Trade Triangles for EURMTL

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.31330283

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.31738653

short term down The short-term trend has been DOWN since May 8th, 2024 at 0.31455604

Smart Scan Analysis for EURMTL

Based on our trend formula, EURMTL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.31489418 0.31587891 0.31416976 0.31564746 +0.00075300
Prev. Close Volume Bid Ask Time
0.31489418 2024-05-09 12:33:56
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