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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Euro/Myanmar Kyat (FOREX:EURMMK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURMMK
Open High Low EURMMK Price Change
1824.9 1824.9 1824.9 1824.9 0.0
Entry Signal

MarketClub’s Trade Triangles for EURMMK

long term up The long term trend has been UP since Jun 27th, 2018 at 1636.915

intermediate term up The intermediate term trend has been UP since Aug 20th, 2018 at 1711.100

short term up The short term trend has been UP since Sep 6th, 2018 at 1789.000

Smart Scan Analysis for EURMMK

Based on a pre-defined weighted trend formula for chart analysis, EURMMK scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for EURMMK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1824.9 1824.9 1824.9 1824.9 0.0
Prev. Close Volume Bid Ask Time
1824.9 1802.9 1846.9 2018-09-18 21:15:34
Want to analyze Euro/Myanmar Kyat EURMMK or another symbol? Try our Free Forex Trend Analysis Report.