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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.

FOREX_EURMMK
Open High Low EURMMK Price Change
2272.4 2272.4 2272.4 2272.4 0.0
Entry Signal

MarketClub’s Trade Triangles for EURMMK

long term up The long-term trend has been UP since Dec 17th, 2023 at 2299.5

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 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).

-70
Smart Scan Analysis for EURMMK
Strong Downtrend Sideways 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
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