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Forex Trend Analysis Report
Prepared for you on Saturday, November 23, 2024.
Euro/Maldivian Rufiyaa (FOREX:EURMVR)
Strong Downtrend (-100) - EURMVR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURMVR continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 14th, 2024 at 16.565794
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 16.586372
The short-term trend has been DOWN since Nov 14th, 2024 at 16.586372
Smart Scan Analysis for EURMVR
Based on our trend formula, EURMVR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.372176 | 16.374337 | 16.372176 | 16.374337 | +0.002161 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.094516 | 2024-11-19 16:10:32 |