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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

Euro/Maldivian Rufiyaa (FOREX:EURMVR)

Strong Downtrend (-100) - EURMVR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
17.234047 17.234047 17.234047 17.234047 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURMVR

long term down The long-term trend has been DOWN since Jul 1st, 2021 at 18.171233

intermediate term down The intermediate-term trend has been DOWN since Sep 17th, 2021 at 18.078445

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 17.944952

Smart Scan Analysis for EURMVR

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

-100
Smart Scan Analysis for EURMVR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.234047 17.234047 17.234047 17.234047 0.000000
Prev. Close Volume Bid Ask Time
17.234047 2021-11-24 12:42:13
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