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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Malaysian Ringt/South Korean Won (FOREX:MYRKRW)

Bull Market Weakness (+75) - MYRKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MYRKRW as it may be in the beginning stages of a reversal.

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
284.39153 284.39153 284.39153 284.39153 0.00000
Entry Signal

MarketClub’s Trade Triangles for MYRKRW

long term up The long-term trend has been UP since Aug 13th, 2021 at 276.00194

intermediate term up The intermediate-term trend has been UP since Aug 11th, 2021 at 273.55456

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 286.01725

Smart Scan Analysis for MYRKRW

Based on our trend formula, MYRKRW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for MYRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
284.39153 284.39153 284.39153 284.39153 0.00000
Prev. Close Volume Bid Ask Time
284.39153 2021-10-17 02:00:07
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