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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

Malaysian Ringt/Pakistani Rupee (FOREX:MYRPKR)

Strong Downtrend (-100) - MYRPKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MYRPKR?

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

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

FOREX_MYRPKR
Open High Low MYRPKR Price Change
36.441479 36.441479 36.432873 36.432873 -0.008606
Entry Signal

MarketClub’s Trade Triangles for MYRPKR

long term down The long-term trend has been DOWN since Feb 19th, 2020 at 37.125863

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2020 at 37.770444

short term down The short-term trend has been DOWN since Jan 28th, 2020 at 37.991401

Smart Scan Analysis for MYRPKR

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

-100
Smart Scan Analysis for MYRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.441479 36.441479 36.432873 36.432873 -0.008606
Prev. Close Volume Bid Ask Time
36.441479 36.308891 36.556854 2020-02-25 17:09:53
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