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Forex Trend Analysis Report

Prepared for you on Tuesday, October 8, 2024.

Euro/Maltese Lira (FOREX:EURMTL)

Weak Downtrend (-65) - EURMTL is showing signs of a strengthening downtrend. Monitor EURMTL as it may be building momentum to the downside.

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
0.32176001 0.32213153 0.32158869 0.32172467 -0.00003500
Entry Signal

MarketClub’s Trade Triangles for EURMTL

long term up The long-term trend has been UP since Jul 12th, 2024 at 0.31977546

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.32240276

short term down The short-term trend has been DOWN since Sep 30th, 2024 at 0.32595075

Smart Scan Analysis for EURMTL

Based on our trend formula, EURMTL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32176001 0.32213153 0.32158869 0.32172467 -0.00003500
Prev. Close Volume Bid Ask Time
0.32176001 2024-10-08 08:24:52
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