Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Malaysian Ringt/Indonesian Rupiah (FOREX:MYRIDR)
Countertrend Up (+85) - MYRIDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MYRIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MYRIDR
The long-term trend has been UP since Apr 16th, 2024 at 3395.8977
The intermediate-term trend has been UP since Mar 18th, 2024 at 3340.1800
The short-term trend has been DOWN since Apr 16th, 2024 at 3355.3374
Smart Scan Analysis for MYRIDR
Based on our trend formula, MYRIDR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3382.0647 | 3401.8950 | 3356.6719 | 3399.6965 | +17.6318 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3382.0647 | 2024-04-24 11:56:31 |