Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
Euro/Khazanah Sukuk (FOREX:EURLFX)
Bull Market Weakness (+75) - EURLFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURLFX as it may be in the beginning stages of a reversal.
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 DOWN since Nov 2nd, 2020 at 2.3094
The intermediate-term trend has been UP since Nov 27th, 2020 at 2.3218
The short-term trend has been UP since Nov 25th, 2020 at 2.3182
Smart Scan Analysis for EURLFX
Based on our trend formula, EURLFX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).