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Forex Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Euro/Maltese Lira (FOREX:EURMTL)
Sidelines Mode (+55) - EURMTL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Nov 11th, 2022 at 0.30365070
The intermediate-term trend has been DOWN since May 11th, 2023 at 0.31961845
The short-term trend has been UP since Jun 1st, 2023 at 0.31474193
Smart Scan Analysis for EURMTL
Based on our trend formula, EURMTL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.31349227 | 0.31403672 | 0.31270583 | 0.31383149 | +0.00033900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.31349227 | 2023-06-05 20:24:04 |