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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Euro/Myanmar Kyat (FOREX:EURMMK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURMMK
Open High Low EURMMK Price Change
1726.4 1726.4 1726.4 1726.4 0.0
Entry Signal

MarketClub’s Trade Triangles for EURMMK

long term down The long term trend has been DOWN since Dec 4th, 2018 at 1750.8

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2018 at 1798.3

short term down The short term trend has been DOWN since Feb 15th, 2019 at 1732.8

Smart Scan Analysis for EURMMK

Based on a pre-defined weighted trend formula for chart analysis, EURMMK scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for EURMMK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1726.4 1726.4 1726.4 1726.4 0.0
Prev. Close Volume Bid Ask Time
1726.4 1704.4 1748.4 2019-02-17 20:18:06
Want to analyze Euro/Myanmar Kyat EURMMK or another symbol? Try our Free Forex Trend Analysis Report.