Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
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, MYRPKR 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 Oct 12th, 2023 at 59.235035
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 58.866294
The short-term trend has been DOWN since Mar 14th, 2024 at 59.398576
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 |
---|---|---|---|---|
58.832841 | 58.832841 | 58.832841 | 58.832841 | 0.000000 |
Prev. Close | Volume | Bid | Ask | Time |
58.725967 | 2024-03-20 10:42:20 |