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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Malaysian Ringt/Japanese Yen (FOREX:MYRJPY)

Strong Uptrend (+100) - MYRJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRJPY 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 MYRJPY?

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

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

FOREX_MYRJPY
Open High Low MYRJPY Price Change
27.377255 27.547491 27.320884 27.547491 +0.170236
Entry Signal

MarketClub’s Trade Triangles for MYRJPY

long term up The long-term trend has been UP since Oct 8th, 2021 at 26.831094

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2021 at 26.624757

short term up The short-term trend has been UP since Oct 28th, 2021 at 27.527909

Smart Scan Analysis for MYRJPY

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

+100
Smart Scan Analysis for MYRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.377255 27.547491 27.320884 27.547491 +0.170236
Prev. Close Volume Bid Ask Time
27.377255 2021-10-28 16:04:46
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