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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

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
2235.8 2235.8 2235.8 2235.8 0.0
Entry Signal

MarketClub’s Trade Triangles for EURMMK

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 2248.6

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 2279.8

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 2274.8

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
2235.8 2235.8 2235.8 2235.8 0.0
Prev. Close Volume Bid Ask Time
2235.8 2024-04-14 21:07:28
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