Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Euro/Maltese Lira (FOREX:EURMTL)
Weak Downtrend (-65) - EURMTL is showing signs of a strengthening downtrend. Monitor EURMTL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURMTL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMTL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURMTL
The long-term trend has been DOWN since Aug 8th, 2021 at 0.34428973
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 0.34345816
The short-term trend has been UP since Oct 19th, 2021 at 0.34112635
Smart Scan Analysis for EURMTL
Based on our trend formula, EURMTL is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).