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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Euro/Malaysian Ringt (FOREX:EURMYR)
Crossroads (-60) - EURMYR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMYR.
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 EURMYR
The long-term trend has been UP since Oct 5th, 2022 at 4.5947
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 5.1097
The short-term trend has been DOWN since Apr 22nd, 2024 at 5.1208
Smart Scan Analysis for EURMYR
Based on our trend formula, EURMYR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.1183 | 5.1183 | 5.1183 | 5.1183 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.1183 | 2024-04-25 21:00:58 |