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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Malaysian Ringt/Euro (FOREX:MYREUR)
Sidelines Mode (-55) - MYREUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for MYREUR
The long-term trend has been DOWN since Mar 4th, 2025 at 0.21264265
The intermediate-term trend has been UP since May 1st, 2025 at 0.20453930
The short-term trend has been DOWN since May 7th, 2025 at 0.20777654
Smart Scan Analysis for MYREUR
Based on our trend formula, MYREUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20723352 | 0.20723352 | 0.20639287 | 0.20723352 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20723352 | 2025-05-09 07:15:08 |