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.
MarketClub’s Trade Triangles for MYRJPY
The long-term trend has been UP since Oct 8th, 2021 at 26.831094
The intermediate-term trend has been UP since Sep 28th, 2021 at 26.624757
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).