Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

Euro/Myanmar Kyat (FOREX:EURMMK)

Strong Downtrend (-100) - EURMMK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURMMK continues to fall. Traders should use caution and set stops.

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
1925.6526 1925.6526 1925.6526 1925.6526 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMMK

long term down The long-term trend has been DOWN since Jan 27th, 2022 at 2003.8530

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2022 at 1974.7451

short term down The short-term trend has been DOWN since Jun 10th, 2022 at 1980.2719

Smart Scan Analysis for EURMMK

Based on our trend formula, EURMMK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for EURMMK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1925.6526 1925.6526 1925.6526 1925.6526 0.0000
Prev. Close Volume Bid Ask Time
1925.6526 2022-06-30 07:21:50
Get a free daily analysis and signals for Euro/Myanmar Kyat (EURMMK) - Request Your Free Report.