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.
MarketClub’s Trade Triangles for EURMVR
The long-term trend has been DOWN since Mar 4th, 2021 at 18.512619
The intermediate-term trend has been UP since Apr 12th, 2021 at 18.268645
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).