Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 30, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MYRKRW
The long-term trend has been UP since Apr 12th, 2024 at 288.74650
The intermediate-term trend has been DOWN since May 18th, 2025 at 324.09933
The short-term trend has been DOWN since May 29th, 2025 at 323.13573
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 324.84076 | 325.31574 | 323.77934 | 324.91249 | +0.07173 |
| Prev. Close | Volume | Bid | Ask | Time |
| 324.84076 | 2025-05-30 20:50:26 |