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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Euro/Khazanah Sukuk (FOREX:EURLFX)

Long-Term Downtrend (-90) - EURLFX is in a strong downtrend that is likely to continue. While EURLFX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_EURLFX
Open High Low EURLFX Price Change
2.2392 2.2438 2.2387 2.2434 +0.0042
Entry Signal

MarketClub’s Trade Triangles for EURLFX

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 2.2891

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 2.2950

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 2.2506

Smart Scan Analysis for EURLFX

Based on our trend formula, EURLFX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2392 2.2438 2.2387 2.2434 +0.0042
Prev. Close Volume Bid Ask Time
2.2392 2022-01-21 15:58:14
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