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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Malaysian Ringt/Brazilian Real (FOREX:MYRBRL)
Strong Downtrend (-100) - MYRBRL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MYRBRL continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for MYRBRL
The long-term trend has been DOWN since Feb 18th, 2025 at 1.2825066
The intermediate-term trend has been DOWN since Mar 17th, 2025 at 1.2838890
The short-term trend has been DOWN since Mar 31st, 2025 at 1.2904863
Smart Scan Analysis for MYRBRL
Based on our trend formula, MYRBRL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3074279 | 1.3164730 | 1.2849867 | 1.2857794 | -0.0216480 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3074279 | 2025-03-31 17:14:48 |