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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)
Sidelines Mode (+55) - MYRAUD 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 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.
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MarketClub’s Trade Triangles for MYRAUD
The long-term trend has been UP since Jul 24th, 2024 at 0.32651298
The intermediate-term trend has been UP since Nov 27th, 2024 at 0.34749963
The short-term trend has been DOWN since Jan 13th, 2025 at 0.35780748
Smart Scan Analysis for MYRAUD
Based on our trend formula, MYRAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.35709994 | 0.35842216 | 0.35700519 | 0.35726409 | +0.00016400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.35709994 | 2025-01-20 09:30:23 |