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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Japanese Yen/Malaysian Ringt (FOREX:JPYMYR)

Crossroads (+60) - JPYMYR 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 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
0.03034121 0.03034121 0.03022163 0.03022163 -0.00012000
Entry Signal

MarketClub’s Trade Triangles for JPYMYR

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.03138584

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 0.02958904

short term up The short-term trend has been UP since Jul 15th, 2024 at 0.02958904

Smart Scan Analysis for JPYMYR

Based on our trend formula, JPYMYR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03034121 0.03034121 0.03022163 0.03022163 -0.00012000
Prev. Close Volume Bid Ask Time
0.03034121 2024-07-26 05:30:45
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