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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2025.

Euro/Maltese Lira (FOREX:EURMTL)

Bear Market Rally (-75) - EURMTL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURMTL as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid EURMTL?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURMTL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURMTL
Open High Low EURMTL Price Change
0.30149891 0.30194332 0.30086410 0.30164794 +0.00014900
Entry Signal

MarketClub’s Trade Triangles for EURMTL

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.31531618

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.32240276

short term up The short-term trend has been UP since Jan 15th, 2025 at 0.30203672

Smart Scan Analysis for EURMTL

Based on our trend formula, EURMTL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30149891 0.30194332 0.30086410 0.30164794 +0.00014900
Prev. Close Volume Bid Ask Time
0.30149891 2025-01-17 10:00:44
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