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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Japanese Yen/Malaysian Ringt (FOREX:JPYMYR)

Weak Downtrend (-65) - JPYMYR is showing signs of a strengthening downtrend. Monitor JPYMYR as it may be building momentum to the downside.

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
0.02893808 0.02916888 0.02883793 0.02891117 -0.00002700
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 down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 0.02834720

short term up The short-term trend has been UP since Nov 17th, 2024 at 0.02880316

Smart Scan Analysis for JPYMYR

Based on our trend formula, JPYMYR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for JPYMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02893808 0.02916888 0.02883793 0.02891117 -0.00002700
Prev. Close Volume Bid Ask Time
0.02877026 2024-11-19 20:53:49
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