Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)
Weak Downtrend (-65) - MYRAUD is showing signs of a strengthening downtrend. Monitor MYRAUD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for MYRAUD
The long-term trend has been DOWN since Dec 17th, 2020 at 0.32512133
The intermediate-term trend has been DOWN since Feb 14th, 2021 at 0.31875064
The short-term trend has been UP since Feb 26th, 2021 at 0.31424031
Smart Scan Analysis for MYRAUD
Based on our trend formula, MYRAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).