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.
MarketClub’s Trade Triangles for EURMVR
The long-term trend has been UP since Jun 4th, 2020 at 17.531004
The intermediate-term trend has been UP since Feb 22nd, 2021 at 18.685649
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).