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.
MarketClub’s Trade Triangles for EURMTL
The long-term trend has been UP since Jul 14th, 2020 at 0.33456529
The intermediate-term trend has been UP since Nov 6th, 2020 at 0.34799949
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).