Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
South Korean Won/Malaysian Ringt (FOREX:KRWMYR)
Weak Downtrend (-65) - KRWMYR is showing signs of a strengthening downtrend. Monitor KRWMYR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid KRWMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWMYR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRWMYR
The long-term trend has been UP since May 30th, 2022 at 0.00351533
The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.00343753
The short-term trend has been DOWN since Jun 29th, 2022 at 0.00340529
Smart Scan Analysis for KRWMYR
Based on our trend formula, KRWMYR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).