Analyze Symbol
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.
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MarketClub’s Trade Triangles for EURMVR
The long term trend has been UP since Jul 1st, 2019 at 17.4835
The intermediate term trend has been DOWN since Jul 10th, 2019 at 17.5105
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).
| 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 |