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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)

Weak Downtrend (-65) - MYRSGD is showing signs of a strengthening downtrend. Monitor MYRSGD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MYRSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for MYRSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MYRSGD
Open High Low MYRSGD Price Change
0.2848054 0.2848054 0.2848054 0.2848054 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MYRSGD

long term down The long-term trend has been DOWN since Oct 10th, 2023 at 0.28845965

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 0.28268696

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.28504700

Smart Scan Analysis for MYRSGD

Based on our trend formula, MYRSGD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MYRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2848054 0.2848054 0.2848054 0.2848054 0.0000000
Prev. Close Volume Bid Ask Time
0.2848054 2024-04-20 01:08:56
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