Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Malaysian Ringt/Euro (FOREX:MYREUR)

Weak Downtrend (-65) - MYREUR is showing signs of a strengthening downtrend. Monitor MYREUR as it may be building momentum to the downside.

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

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

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

FOREX_MYREUR
Open High Low MYREUR Price Change
0.20970545 0.21220144 0.20887493 0.21030276 +0.00059700
Entry Signal

MarketClub’s Trade Triangles for MYREUR

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 0.21467398

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2020 at 0.22057094

short term up The short-term trend has been UP since Apr 1st, 2020 at 0.21174197

Smart Scan Analysis for MYREUR

Based on our trend formula, MYREUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MYREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20970545 0.21220144 0.20887493 0.21030276 +0.00059700
Prev. Close Volume Bid Ask Time
0.20970545 0.21018211 0.21042341 2020-04-01 14:06:38
Get a free daily analysis and signals for Malaysian Ringt/Euro (MYREUR) - Request Your Free Report.