Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Euro/Maltese Lira (FOREX:EURMTL)
Countertrend Down (-85) - EURMTL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for EURMTL
The long-term trend has been DOWN since Apr 12th, 2024 at 0.31330283
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.31738653
The short-term trend has been UP since Apr 17th, 2024 at 0.31260905
Smart Scan Analysis for EURMTL
Based on our trend formula, EURMTL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.31364667 | 0.31444967 | 0.31331288 | 0.31331288 | -0.00033400 |
Prev. Close | Volume | Bid | Ask | Time |
0.31364667 | 2024-04-25 08:50:19 |