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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Euro/Maltese Lira (FOREX:EURMTL)

Long-Term Uptrend (+90) - EURMTL is in a strong uptrend that is likely to continue. While EURMTL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.35027151 0.35032994 0.35021288 0.35021288 -0.00005900
Entry Signal

MarketClub’s Trade Triangles for EURMTL

long term up The long-term trend has been UP since Jul 14th, 2020 at 0.33456529

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2020 at 0.34799949

short term up The short-term trend has been UP since Nov 24th, 2020 at 0.34874732

Smart Scan Analysis for EURMTL

Based on our trend formula, EURMTL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35027151 0.35032994 0.35021288 0.35021288 -0.00005900
Prev. Close Volume Bid Ask Time
0.35027151 2020-12-01 00:33:17
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