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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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.

FOREX_EURMTL
Open High Low EURMTL Price Change
0.34057902 0.34101317 0.34049984 0.34099133 +0.00041200
Entry Signal

MarketClub’s Trade Triangles for EURMTL

long term down The long-term trend has been DOWN since Aug 8th, 2021 at 0.34428973

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2021 at 0.34345816

short term up The short-term trend has been UP since Oct 19th, 2021 at 0.34112635

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).

-55
Smart Scan Analysis for EURMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34057902 0.34101317 0.34049984 0.34099133 +0.00041200
Prev. Close Volume Bid Ask Time
0.34057902 2021-10-22 03:34:37
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