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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

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.

FOREX_MYRAUD
Open High Low MYRAUD Price Change
0.32219990 0.32261152 0.32173889 0.32201111 -0.00018900
Entry Signal

MarketClub’s Trade Triangles for MYRAUD

long term up The long-term trend has been UP since Jun 30th, 2022 at 0.33297149

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2022 at 0.32607228

short term down The short-term trend has been DOWN since Aug 8th, 2022 at 0.32067414

Smart Scan Analysis for MYRAUD

Based on our trend formula, MYRAUD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MYRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32219990 0.32261152 0.32173889 0.32201111 -0.00018900
Prev. Close Volume Bid Ask Time
0.32219990 2022-08-10 03:40:22
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