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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Malaysian Ringt/Indian Rupee (FOREX:MYRINR)
Crossroads (-60) - MYRINR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for MYRINR
The long-term trend has been UP since May 15th, 2024 at 17.805631
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 18.788415
The short-term trend has been DOWN since Dec 12th, 2024 at 19.100215
Smart Scan Analysis for MYRINR
Based on our trend formula, MYRINR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.907028 | 18.907028 | 18.907028 | 18.907028 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.907028 | 2024-12-25 04:48:05 |