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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Euro/Maldivian Rufiyaa (FOREX:EURMVR)
Weak Downtrend (-65) - EURMVR is showing signs of a strengthening downtrend. Monitor EURMVR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURMVR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMVR.
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 EURMVR
The long-term trend has been UP since Aug 5th, 2024 at 16.846929
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 16.944009
The short-term trend has been DOWN since Oct 1st, 2024 at 17.084694
Smart Scan Analysis for EURMVR
Based on our trend formula, EURMVR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.586372 | 16.586372 | 16.586372 | 16.586372 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.538899 | 2024-10-22 14:37:37 |