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Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
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, SHORTSYMBOL 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 Jul 1st, 2021 at 18.171233
The intermediate-term trend has been DOWN since Sep 17th, 2021 at 18.078445
The short-term trend has been DOWN since Oct 22nd, 2021 at 17.944952
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 |
|---|---|---|---|---|
| 17.932691 | 17.973433 | 17.932691 | 17.973433 | +0.040742 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.932691 | 2021-10-25 14:15:53 |