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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Malaysian Ringt/Euro (FOREX:MYREUR)
Sidelines Mode (-50) - MYREUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MYREUR can gain momentum.
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 UP since Jun 10th, 2024 at 0.19710737
The intermediate-term trend has been DOWN since Oct 28th, 2024 at 0.21210049
The short-term trend has been DOWN since Nov 13th, 2024 at 0.21159085
Smart Scan Analysis for MYREUR
Based on our trend formula, MYREUR is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2116740 | 0.2116740 | 0.2113637 | 0.2116740 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2116740 | 2024-11-20 03:39:47 |