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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Malaysian Ringt/South Korean Won (FOREX:MYRKRW)

Long-Term Uptrend (+90) - MYRKRW is in a strong uptrend that is likely to continue. While MYRKRW 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 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
277.11517 277.84691 277.01642 277.42314 +0.30797
Entry Signal

MarketClub’s Trade Triangles for MYRKRW

long term up The long-term trend has been UP since Feb 4th, 2021 at 277.13544

intermediate term up The intermediate-term trend has been UP since Dec 20th, 2020 at 272.50960

short term up The short-term trend has been UP since Feb 16th, 2021 at 273.81942

Smart Scan Analysis for MYRKRW

Based on our trend formula, MYRKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MYRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
277.11517 277.84691 277.01642 277.42314 +0.30797
Prev. Close Volume Bid Ask Time
277.11517 2021-02-26 04:52:07
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