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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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
0.04033493 0.04033493 0.04033493 0.04033493 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYMYR

long term up The long-term trend has been UP since Feb 18th, 2020 at 0.03863576

intermediate term up The intermediate-term trend has been UP since Jan 5th, 2020 at 0.03801069

short term down The short-term trend has been DOWN since May 26th, 2020 at 0.04036072

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
0.04033493 0.04033493 0.04033493 0.04033493 0.00000000
Prev. Close Volume Bid Ask Time
0.04033493 0.04031173 0.04035812 2020-05-30 18:25:05
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