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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Malaysian Ringt/Brazilian Real (FOREX:MYRBRL)

Bear Market Rally (-75) - MYRBRL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MYRBRL as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid MYRBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for MYRBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MYRBRL
Open High Low MYRBRL Price Change
1.3170816 1.3263568 1.3162448 1.3187583 +0.0016770
Entry Signal

MarketClub’s Trade Triangles for MYRBRL

long term down The long-term trend has been DOWN since Feb 18th, 2025 at 1.2825066

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2025 at 1.3185487

short term down The short-term trend has been DOWN since May 8th, 2025 at 1.3369035

Smart Scan Analysis for MYRBRL

Based on our trend formula, MYRBRL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MYRBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3170816 1.3263568 1.3162448 1.3187583 +0.0016770
Prev. Close Volume Bid Ask Time
1.3170816 2025-05-09 07:07:26
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