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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

Euro/Maltese Lira (FOREX:EURMTL)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURMTL
Open High Low EURMTL Price Change
0.32927 0.32927 0.32927 0.32927 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURMTL

long term down The long term trend has been DOWN since Jul 25th, 2019 at 0.325565

intermediate term up The intermediate term trend has been UP since Aug 9th, 2019 at 0.330645

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 0.324280

Smart Scan Analysis for EURMTL

Based on a pre-defined weighted trend formula for chart analysis, EURMTL scored -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
0.32927 0.32927 0.32927 0.32927 0.00000
Prev. Close Volume Bid Ask Time
0.32927 0.32850 0.33004 2019-08-25 03:09:22
Want to analyze Euro/Maltese Lira EURMTL or another symbol? Try our Free Forex Trend Analysis Report.