Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Euro/Khazanah Sukuk (FOREX:EURLFX)
Weak Downtrend (-65) - EURLFX is showing signs of a strengthening downtrend. Monitor EURLFX as it may be building momentum to the downside.
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 DOWN since Feb 17th, 2021 at 2.3042
The intermediate-term trend has been DOWN since Dec 31st, 2020 at 2.3272
The short-term trend has been UP since Feb 24th, 2021 at 2.3069
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).