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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/Maldivian Rufiyaa (FOREX:EURMVR)
Countertrend Up (+85) - EURMVR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Mar 17th, 2025 at 16.290813
The intermediate-term trend has been UP since Apr 3rd, 2025 at 16.860942
The short-term trend has been UP since Apr 2nd, 2025 at 16.662071
Smart Scan Analysis for EURMVR
Based on our trend formula, EURMVR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.523311 | 17.523311 | 17.523311 | 17.523311 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.523311 | 2025-05-06 15:24:11 |