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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 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.

FOREX_EURMTL
Open High Low EURMTL Price Change
0.31230243 0.31251733 0.31125052 0.31203131 -0.00027100
Entry Signal

MarketClub’s Trade Triangles for EURMTL

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.31330283

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.31738653

short term up The short-term trend has been UP since Apr 17th, 2024 at 0.31260905

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).

-85
Smart Scan Analysis for EURMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.31230243 0.31251733 0.31125052 0.31203131 -0.00027100
Prev. Close Volume Bid Ask Time
0.31230243 2024-04-22 15:57:50
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