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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Euro/Myanmar Kyat (FOREX:EURMMK)

Crossroads (-60) - EURMMK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
2232.2 2232.2 2232.2 2232.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURMMK

long term up The long-term trend has been UP since Aug 9th, 2022 at 1984.7432

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2023 at 2271.0783

short term down The short-term trend has been DOWN since Feb 7th, 2023 at 2273.2292

Smart Scan Analysis for EURMMK

Based on our trend formula, EURMMK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURMMK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2232.2 2232.2 2232.2 2232.2 0.0
Prev. Close Volume Bid Ask Time
2232.2 2023-03-18 03:55:53
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