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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Euro/Maltese Lira (FOREX:EURMTL)
Long-Term Downtrend (-90) - EURMTL is in a strong downtrend that is likely to continue. While EURMTL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURMTL
The long-term trend has been DOWN since Nov 5th, 2024 at 0.31531618
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.32240276
The short-term trend has been DOWN since Nov 20th, 2024 at 0.30835906
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.30686666 | 0.30740122 | 0.30434476 | 0.30512462 | -0.00174200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.30686666 | 2024-11-22 12:55:28 |