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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Euro/Myanmar Kyat (FOREX:EURMMK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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
1654.7 1654.7 1654.7 1654.7 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 1636.9150

intermediate term up The intermediate term trend has been UP since Jun 24th, 2018 at 1614.0511

short term up The short term trend has been UP since Jun 24th, 2018 at 1614.0511

Smart Scan Analysis for EURMMK

Based on a pre-defined weighted trend formula for chart analysis, EURMMK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURMMK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1654.7 1654.7 1654.7 1654.7 0.0
Prev. Close Volume Bid Ask Time
1654.7 1632.7 1676.7 2018-07-15 20:25:54
Want to analyze Euro/Myanmar Kyat EURMMK or another symbol? Try our Free Forex Trend Analysis Report.