Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Euro/Khazanah Sukuk (FOREX:EURLFX)
Crossroads (-60) - EURLFX 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 EURLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURLFX
The long-term trend has been UP since Mar 1st, 2020 at 2.2642
The intermediate-term trend has been DOWN since Apr 2nd, 2020 at 2.2839
The short-term trend has been DOWN since Mar 27th, 2020 at 2.3089
Smart Scan Analysis for EURLFX
Based on our trend formula, EURLFX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).