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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Euro/Myanmar Kyat (FOREX:EURMMK)

Strong Uptrend (+100) - EURMMK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURMMK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
1609.8794 1609.8794 1609.8794 1609.8794 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMMK

long term up The long-term trend has been UP since Dec 1st, 2020 at 1576.3892

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2020 at 1522.4510

short term up The short-term trend has been UP since Nov 4th, 2020 at 1506.2984

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
1609.8794 1609.8794 1609.8794 1609.8794 0.0000
Prev. Close Volume Bid Ask Time
1609.8794 2020-12-04 07:18:27
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