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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Euro/Malaysian Ringt (FOREX:EURMYR)

Bull Market Weakness (+75) - EURMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURMYR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EURMYR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURMYR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURMYR
Open High Low EURMYR Price Change
4.7676 4.7676 4.7676 4.7676 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMYR

long term up The long-term trend has been UP since Mar 2nd, 2020 at 4.6234

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 4.7496

short term up The short-term trend has been UP since May 15th, 2020 at 4.6995

Smart Scan Analysis for EURMYR

Based on our trend formula, EURMYR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7676 4.7676 4.7676 4.7676 0.0000
Prev. Close Volume Bid Ask Time
4.7564 4.6876 4.8476 2020-05-20 07:19:05
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