Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)

Strong Downtrend (-100) - MYRAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.34817197 0.34880046 0.34609207 0.34648004 -0.00169200
Entry Signal

MarketClub’s Trade Triangles for MYRAUD

long term down The long-term trend has been DOWN since May 19th, 2020 at 0.34916098

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2020 at 0.37044587

short term down The short-term trend has been DOWN since May 18th, 2020 at 0.35635913

Smart Scan Analysis for MYRAUD

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

-100
Smart Scan Analysis for MYRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34817197 0.34880046 0.34609207 0.34648004 -0.00169200
Prev. Close Volume Bid Ask Time
0.34817197 0.34640704 0.34655305 2020-05-28 11:35:59
Get a free daily analysis and signals for Malaysian Ringt/Australian Dollar (MYRAUD) - Request Your Free Report.