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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.
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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 Apr 3rd, 2025 at 324.45145
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).
| 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 |