Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Euro/Myanmar Kyat (FOREX:EURMMK)
Bear Market Rally (-75) - EURMMK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURMMK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURMMK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMMK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURMMK
The long-term trend has been DOWN since Apr 12th, 2024 at 2248.6
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 2279.8
The short-term trend has been UP since Apr 18th, 2024 at 2235.8
Smart Scan Analysis for EURMMK
Based on our trend formula, EURMMK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2252.9 | 2252.9 | 2252.9 | 2252.9 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2252.9 | 2024-04-26 07:26:07 |