Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Malaysian Ringt/Pakistani Rupee (FOREX:MYRPKR)
Bear Market Rally (-75) - MYRPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MYRPKR as it may be in the beginning of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MYRPKR
The long-term trend has been DOWN since Jan 6th, 2025 at 61.979690
The intermediate-term trend has been DOWN since Jan 27th, 2025 at 61.682554
The short-term trend has been UP since Feb 19th, 2025 at 62.853282
Smart Scan Analysis for MYRPKR
Based on our trend formula, MYRPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 63.222813 | 63.256761 | 63.222813 | 63.256761 | +0.033948 |
| Prev. Close | Volume | Bid | Ask | Time |
| 63.222813 | 2025-02-21 15:29:08 |