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Forex Trend Analysis Report

Prepared for you on Saturday, January 29, 2022.

Malaysian Ringt/Euro (FOREX:MYREUR)

Long-Term Uptrend (+90) - MYREUR is in a strong uptrend that is likely to continue. While MYREUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.21442993 0.21442993 0.21442993 0.21442993 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MYREUR

long term up The long-term trend has been UP since Aug 30th, 2021 at 0.20363983

intermediate term up The intermediate-term trend has been UP since Jan 27th, 2022 at 0.21210964

short term up The short-term trend has been UP since Jan 18th, 2022 at 0.20947849

Smart Scan Analysis for MYREUR

Based on our trend formula, MYREUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MYREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21442993 0.21442993 0.21442993 0.21442993 0.00000000
Prev. Close Volume Bid Ask Time
0.21442993 2022-01-29 08:21:03
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