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Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

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.

FOREX_MYRIDR
Open High Low MYRIDR Price Change
3847.8297 3852.5324 3834.6059 3845.5774 -2.2523
Entry Signal

MarketClub’s Trade Triangles for MYRIDR

long term up The long-term trend has been UP since Feb 2nd, 2025 at 3713.8120

intermediate term up The intermediate-term trend has been UP since Mar 11th, 2025 at 3728.8784

short term down The short-term trend has been DOWN since May 28th, 2025 at 3829.7147

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).

+85
Smart Scan Analysis for MYRIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3847.8297 3852.5324 3834.6059 3845.5774 -2.2523
Prev. Close Volume Bid Ask Time
3847.8297 2025-05-30 16:56:26
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