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Forex Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

Euro/Maldivian Rufiyaa (FOREX:EURMVR)

Crossroads (-60) - EURMVR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid EURMVR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURMVR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURMVR
Open High Low EURMVR Price Change
18.495352 18.495352 18.495352 18.495352 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURMVR

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 18.512619

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2021 at 18.268645

short term up The short-term trend has been UP since Apr 12th, 2021 at 18.195197

Smart Scan Analysis for EURMVR

Based on our trend formula, EURMVR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURMVR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.495352 18.495352 18.495352 18.495352 0.000000
Prev. Close Volume Bid Ask Time
18.599629 2021-04-14 11:27:05
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