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Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Malaysian Ringt/Indonesian Rupiah (FOREX:MYRIDR)
Strong Downtrend (-100) - MYRIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MYRIDR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for MYRIDR
The long-term trend has been DOWN since Sep 21st, 2022 at 0.66525482
The intermediate-term trend has been DOWN since Mar 29th, 2023 at 3387.04830000
The short-term trend has been DOWN since Mar 28th, 2023 at 3411.71620000
Smart Scan Analysis for MYRIDR
Based on our trend formula, MYRIDR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3405.0633 | 3409.8472 | 3396.9474 | 3398.9033 | -6.1600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3405.0633 | 2023-03-30 14:20:45 |