Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURMMK
The long-term trend has been UP since Dec 1st, 2020 at 1576.3892
The intermediate-term trend has been DOWN since Mar 7th, 2021 at 1702.1805
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).
| 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 |