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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Euro/Maldivian Rufiyaa (FOREX:EURMVR)

Strong Uptrend (+100) - EURMVR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURMVR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_EURMVR
Open High Low EURMVR Price Change
18.685243 18.709011 18.685243 18.709011 +0.023768
Entry Signal

MarketClub’s Trade Triangles for EURMVR

long term up The long-term trend has been UP since Jun 4th, 2020 at 17.531004

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 18.685649

short term up The short-term trend has been UP since Feb 22nd, 2021 at 18.679807

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).

+100
Smart Scan Analysis for EURMVR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.685243 18.709011 18.685243 18.709011 +0.023768
Prev. Close Volume Bid Ask Time
18.685243 2021-02-24 12:55:46
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