Forex Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Euro/Maltese Lira (FOREX:EURMTL)
Bull Market Weakness (+75) - EURMTL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURMTL as it may be in the beginning stages of a reversal.
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 Mar 4th, 2021 at 0.35014381
The intermediate-term trend has been UP since Apr 13th, 2021 at 0.35000778
The short-term trend has been UP since Apr 2nd, 2021 at 0.34517821
Smart Scan Analysis for EURMTL
Based on our trend formula, EURMTL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).