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Forex Trend Analysis Report
Prepared for you on Friday, April 3, 2020.
Myanmar Kyat/US Dollar (FOREX:MMKUSD)
Bull Market Weakness (+75) - MMKUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MMKUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MMKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMKUSD.
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 MMKUSD
The long-term trend has been UP since Nov 28th, 2019 at 0.00066300
The intermediate-term trend has been UP since Dec 23rd, 2019 at 0.00066712
The short-term trend has been UP since Jan 21st, 2020 at 0.00068251
Smart Scan Analysis for MMKUSD
Based on our trend formula, MMKUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00071362 | 0.00071362 | 0.00071362 | 0.00071362 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00071362 | 0.00070336 | 0.00072388 | 2020-04-02 07:19:25 |