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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

Japanese Yen/Malaysian Ringt (FOREX:JPYMYR)

Sidelines Mode (-55) - JPYMYR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_JPYMYR
Open High Low JPYMYR Price Change
0.03722316 0.03727551 0.03713696 0.03717316 -0.00005000
Entry Signal

MarketClub’s Trade Triangles for JPYMYR

long term down The long-term trend has been DOWN since Oct 10th, 2021 at 0.03726861

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2021 at 0.03665844

short term down The short-term trend has been DOWN since Dec 6th, 2021 at 0.03731189

Smart Scan Analysis for JPYMYR

Based on our trend formula, JPYMYR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03722316 0.03727551 0.03713696 0.03717316 -0.00005000
Prev. Close Volume Bid Ask Time
0.03722316 2021-12-07 22:48:49
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