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Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2025.
US Dollar/Maldivian Rufiyaa (FOREX:USDMVR)
Countertrend Up (+85) - USDMVR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid USDMVR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMVR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDMVR
The long-term trend has been UP since Nov 4th, 2024 at 15.405
The intermediate-term trend has been UP since Jan 22nd, 2025 at 15.405
The short-term trend has been UP since Jan 22nd, 2025 at 15.405
Smart Scan Analysis for USDMVR
Based on our trend formula, USDMVR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.4 | 15.4 | 15.4 | 15.4 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.4 | 2025-01-24 10:45:56 |