Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Indian Rupee/Malaysian Ringt (FOREX:INRMYR)
Bull Market Weakness (+75) - INRMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRMYR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid INRMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRMYR.
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 INRMYR
The long-term trend has been UP since Feb 4th, 2024 at 0.05733861
The intermediate-term trend has been UP since Mar 15th, 2024 at 0.05794470
The short-term trend has been UP since Mar 14th, 2024 at 0.05667444
Smart Scan Analysis for INRMYR
Based on our trend formula, INRMYR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.05699711 | 0.05706955 | 0.05699711 | 0.05702662 | +0.00003000 |
Prev. Close | Volume | Bid | Ask | Time |
0.05699711 | 2024-03-19 04:28:04 |