Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Malaysian Ringt/Indian Rupee (FOREX:MYRINR)
Bear Market Rally (-75) - MYRINR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MYRINR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MYRINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRINR.
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 MYRINR
The long-term trend has been DOWN since Feb 13th, 2024 at 17.320435
The intermediate-term trend has been UP since Mar 4th, 2024 at 17.516670
The short-term trend has been DOWN since Mar 14th, 2024 at 17.637720
Smart Scan Analysis for MYRINR
Based on our trend formula, MYRINR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
17.528525 | 17.533967 | 17.489455 | 17.499757 | -0.028768 |
Prev. Close | Volume | Bid | Ask | Time |
17.528525 | 2024-03-19 06:30:27 |