Forex Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
Euro/Khazanah Sukuk (FOREX:EURLFX)
Crossroads (-60) - EURLFX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Apr 7th, 2021 at 2.3029
The short-term trend has been UP since Apr 20th, 2021 at 2.3096
Smart Scan Analysis for EURLFX
Based on our trend formula, EURLFX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).