Forex Trend Analysis Report
Prepared for you on Friday, July 10, 2020.
Euro/Khazanah Sukuk (FOREX:EURLFX)
Weak Uptrend (+65) - EURLFX is showing signs of weakening momentum to the upside. Monitor EURLFX as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for EURLFX
The long-term trend has been UP since Mar 1st, 2020 at 2.2642
The intermediate-term trend has been UP since May 21st, 2020 at 2.2796
The short-term trend has been DOWN since Jul 9th, 2020 at 2.2839
Smart Scan Analysis for EURLFX
Based on our trend formula, EURLFX is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).