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Forex Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

Euro/Maltese Lira (FOREX:EURMTL)

Sidelines Mode (-55) - EURMTL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_EURMTL
Open High Low EURMTL Price Change
0.31798774 0.31798774 0.31798774 0.31798774 0.00000000
Entry Signal

MarketClub’s Trade Triangles for EURMTL

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.31330283

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 0.31664718

short term down The short-term trend has been DOWN since May 22nd, 2024 at 0.31762399

Smart Scan Analysis for EURMTL

Based on our trend formula, EURMTL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.31798774 0.31798774 0.31798774 0.31798774 0.00000000
Prev. Close Volume Bid Ask Time
0.31798774 2024-05-26 08:11:21
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