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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.
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MarketClub’s Trade Triangles for MYRPKR
The long-term trend has been DOWN since Feb 19th, 2020 at 37.125863
The intermediate-term trend has been DOWN since Jan 31st, 2020 at 37.770444
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).
| 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 |