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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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 Nov 5th, 2024 at 0.31531618
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.32240276
The short-term trend has been UP since Nov 18th, 2024 at 0.31009894
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 |
|---|---|---|---|---|
| 0.31028617 | 0.31034041 | 0.30952225 | 0.30970551 | -0.00058100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.31028617 | 2024-11-20 03:41:54 |