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Forex Trend Analysis Report

Prepared for you on Friday, April 18, 2025.

Malaysian Ringt/South Korean Won (FOREX:MYRKRW)

Crossroads (-60) - MYRKRW 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 MYRKRW?

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

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

FOREX_MYRKRW
Open High Low MYRKRW Price Change
321.53332 321.93600 320.98574 321.62677 +0.09345
Entry Signal

MarketClub’s Trade Triangles for MYRKRW

long term up The long-term trend has been UP since Apr 12th, 2024 at 288.74650

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2025 at 324.45145

short term down The short-term trend has been DOWN since Apr 9th, 2025 at 325.17634

Smart Scan Analysis for MYRKRW

Based on our trend formula, MYRKRW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MYRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
321.53332 321.93600 320.98574 321.62677 +0.09345
Prev. Close Volume Bid Ask Time
321.53332 2025-04-17 14:56:24
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