Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Japanese Yen/Malaysian Ringt (FOREX:JPYMYR)
Countertrend Down (-85) - JPYMYR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for JPYMYR
The long-term trend has been DOWN since Mar 19th, 2024 at 0.03138584
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.03138584
The short-term trend has been UP since Apr 18th, 2024 at 0.03108116
Smart Scan Analysis for JPYMYR
Based on our trend formula, JPYMYR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03100685 | 0.03100685 | 0.03097095 | 0.03099725 | -0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03100685 | 2024-04-19 01:15:00 |