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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)

Crossroads (-60) - MYRAUD 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 MYRAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for MYRAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MYRAUD
Open High Low MYRAUD Price Change
0.32143079 0.32308975 0.32017769 0.32308975 +0.00165900
Entry Signal

MarketClub’s Trade Triangles for MYRAUD

long term up The long-term trend has been UP since Jun 18th, 2021 at 0.32029315

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.32643274

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.32925988

Smart Scan Analysis for MYRAUD

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

-60
Smart Scan Analysis for MYRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32143079 0.32308975 0.32017769 0.32308975 +0.00165900
Prev. Close Volume Bid Ask Time
0.32143079 2021-10-22 18:01:12
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