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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Euro/Maldivian Rufiyaa (FOREX:EURMVR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_EURMVR
Open High Low EURMVR Price Change
17.347 17.347 17.347 17.347 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMVR

long term up The long term trend has been UP since Jul 1st, 2019 at 17.4835

intermediate term down The intermediate term trend has been DOWN since Jul 10th, 2019 at 17.5105

short term down The short term trend has been DOWN since Jul 10th, 2019 at 17.4310

Smart Scan Analysis for EURMVR

Based on a pre-defined weighted trend formula for chart analysis, EURMVR scored -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
17.347 17.347 17.347 17.347 0.000
Prev. Close Volume Bid Ask Time
17.347 17.010 17.684 2019-07-19 12:10:11
Want to analyze Euro/Maldivian Rufiyaa EURMVR or another symbol? Try our Free Forex Trend Analysis Report.