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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

Euro/Myanmar Kyat (FOREX:EURMMK)

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

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

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

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

FOREX_EURMMK
Open High Low EURMMK Price Change
1682.384 1682.384 1682.384 1682.384 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMMK

long term up The long-term trend has been UP since Dec 1st, 2020 at 1576.3892

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2021 at 1702.1805

short term down The short-term trend has been DOWN since Mar 7th, 2021 at 1713.6931

Smart Scan Analysis for EURMMK

Based on our trend formula, EURMMK is rated as a -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
1682.384 1682.384 1682.384 1682.384 0.000
Prev. Close Volume Bid Ask Time
1673.332 2021-03-07 21:00:30
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