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Forex Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

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, MYRAUD 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
0.32144473 0.32398245 0.32100112 0.32111817 -0.00032700
Entry Signal

MarketClub’s Trade Triangles for MYRAUD

long term down The long-term trend has been DOWN since Jun 2nd, 2023 at 0.32892748

intermediate term down The intermediate-term trend has been DOWN since Oct 24th, 2023 at 0.32843325

short term down The short-term trend has been DOWN since Nov 20th, 2023 at 0.32823437

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
0.32144473 0.32398245 0.32100112 0.32111817 -0.00032700
Prev. Close Volume Bid Ask Time
0.32144473 2023-12-03 15:00:47
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