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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
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.
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MarketClub’s Trade Triangles for MYRJPY
The long-term trend has been UP since Mar 1st, 2024 at 31.753782
The intermediate-term trend has been UP since Feb 14th, 2024 at 31.488240
The short-term trend has been UP since Apr 19th, 2024 at 32.339575
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.550513 | 32.583653 | 32.422616 | 32.555932 | +0.005419 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.550513 | 2024-04-24 20:01:33 |