Forex Trend Analysis Report
Prepared for you on Sunday, September 8, 2024.
Australian Dollar/Malaysian Ringt (FOREX:AUDMYR)
Weak Downtrend (-65) - AUDMYR is showing signs of a strengthening downtrend. Monitor AUDMYR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AUDMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDMYR.
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 AUDMYR
The long-term trend has been DOWN since Jul 31st, 2024 at 2.9840746
The intermediate-term trend has been UP since Sep 2nd, 2024 at 2.9705146
The short-term trend has been DOWN since Sep 3rd, 2024 at 2.9219539
Smart Scan Analysis for AUDMYR
Based on our trend formula, AUDMYR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.9176331 | 2.9176331 | 2.9107827 | 2.9153670 | -0.0022660 |
Prev. Close | Volume | Bid | Ask | Time |
2.9176331 | 2024-09-06 04:28:38 |