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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Euro/Maltese Lira (FOREX:EURMTL)

Long-Term Downtrend (-90) - EURMTL is in a strong downtrend that is likely to continue. While EURMTL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.

FOREX_EURMTL
Open High Low EURMTL Price Change
0.32279534 0.32314074 0.31944070 0.32004098 -0.00275400
Entry Signal

MarketClub’s Trade Triangles for EURMTL

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 0.31580400

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2020 at 0.31667628

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 0.32107054

Smart Scan Analysis for EURMTL

Based on our trend formula, EURMTL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32279534 0.32314074 0.31944070 0.32004098 -0.00275400
Prev. Close Volume Bid Ask Time
0.32279534 0.31929099 0.32079097 2020-04-01 14:46:46
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