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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Malaysian Ringt/Japanese Yen (FOREX:MYRJPY)
Long-Term Uptrend (+90) - MYRJPY is in a strong uptrend that is likely to continue. While MYRJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Sep 24th, 2024 at 34.530995
The intermediate-term trend has been UP since Sep 20th, 2024 at 33.989526
The short-term trend has been UP since Oct 18th, 2024 at 34.799679
Smart Scan Analysis for MYRJPY
Based on our trend formula, MYRJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.977131 | 34.977131 | 34.977131 | 34.977131 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.977131 | 2024-10-26 04:47:49 |