Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
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.
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MarketClub’s Trade Triangles for EURMMK
The long-term trend has been UP since Dec 17th, 2023 at 2299.5
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 2279.8
The short-term trend has been DOWN since Mar 28th, 2024 at 2289.5
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).
Open | High | Low | Price | Change |
---|---|---|---|---|
2272.4 | 2272.4 | 2272.4 | 2272.4 | 0.0 |
Prev. Close | Volume | Bid | Ask | Time |
2272.4 | 2024-03-28 02:42:09 |