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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.

FOREX_EURMTL
Open High Low EURMTL Price Change
0.31349227 0.31403672 0.31270583 0.31383149 +0.00033900
Entry Signal

MarketClub’s Trade Triangles for EURMTL

long term up The long-term trend has been UP since Nov 11th, 2022 at 0.30365070

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2023 at 0.31961845

short term up 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).

+55
Smart Scan Analysis for EURMTL
Strong Downtrend Sideways 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
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