Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Malaysian Ringt/British Pound (FOREX:MYRGBP)

Sidelines Mode (-55) - MYRGBP 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 MYRGBP?

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

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

FOREX_MYRGBP
Open High Low MYRGBP Price Change
0.17564112 0.17640636 0.17469601 0.17521110 -0.00043000
Entry Signal

MarketClub’s Trade Triangles for MYRGBP

long term down The long-term trend has been DOWN since Mar 4th, 2025 at 0.17533672

intermediate term up The intermediate-term trend has been UP since May 2nd, 2025 at 0.17529023

short term down The short-term trend has been DOWN since May 8th, 2025 at 0.17510443

Smart Scan Analysis for MYRGBP

Based on our trend formula, MYRGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MYRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17564112 0.17640636 0.17469601 0.17521110 -0.00043000
Prev. Close Volume Bid Ask Time
0.17564112 2025-05-08 23:26:00
Get a free daily analysis and signals for Malaysian Ringt/British Pound (MYRGBP) - Request Your Free Report.