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Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

Malaysian Ringt/Indian Rupee (FOREX:MYRINR)

Strong Uptrend (+100) - MYRINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid MYRINR?

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

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

FOREX_MYRINR
Open High Low MYRINR Price Change
19.786095 19.801545 19.713528 19.788080 +0.001985
Entry Signal

MarketClub’s Trade Triangles for MYRINR

long term up The long-term trend has been UP since May 15th, 2024 at 17.805631

intermediate term up The intermediate-term trend has been UP since Jan 6th, 2025 at 19.149747

short term up The short-term trend has been UP since Feb 5th, 2025 at 19.709302

Smart Scan Analysis for MYRINR

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

+100
Smart Scan Analysis for MYRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.786095 19.801545 19.713528 19.788080 +0.001985
Prev. Close Volume Bid Ask Time
19.786095 2025-02-06 13:53:36
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