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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.

FOREX_MMKUSD
Open High Low MMKUSD Price Change
0.00071362 0.00071362 0.00071362 0.00071362 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MMKUSD

long term up The long-term trend has been UP since Nov 28th, 2019 at 0.00066300

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2019 at 0.00066712

short term up 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).

+70
Smart Scan Analysis for MMKUSD
Strong Downtrend Sideways 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
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