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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

South Korean Won/Malaysian Ringt (FOREX:KRWMYR)

Crossroads (+60) - KRWMYR 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 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.

FOREX_KRWMYR
Open High Low KRWMYR Price Change
0.35692849 0.35699894 0.35536237 0.35590855 -0.00102000
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term down The long-term trend has been DOWN since Mar 18th, 2020 at 0.34138375

intermediate term up The intermediate-term trend has been UP since Mar 24th, 2020 at 0.35825506

short term up The short-term trend has been UP since Apr 6th, 2020 at 0.35623545

Smart Scan Analysis for KRWMYR

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

+60
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35692849 0.35699894 0.35536237 0.35590855 -0.00102000
Prev. Close Volume Bid Ask Time
0.35692849 0.35570332 0.35611378 2020-04-09 07:26:52
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