Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Euro/Maldivian Rufiyaa (FOREX:EURMVR)

Countertrend Down (-85) - EURMVR 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 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
16.907219 16.907219 16.904423 16.904423 -0.002796
Entry Signal

MarketClub’s Trade Triangles for EURMVR

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 16.625975

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2020 at 16.996981

short term up The short-term trend has been UP since Mar 25th, 2020 at 16.639663

Smart Scan Analysis for EURMVR

Based on our trend formula, EURMVR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURMVR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.907219 16.907219 16.904423 16.904423 -0.002796
Prev. Close Volume Bid Ask Time
16.832019 16.679469 17.129376 2020-03-31 13:25:57
Get a free daily analysis and signals for Euro/Maldivian Rufiyaa (EURMVR) - Request Your Free Report.