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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Malaysian Ringt/Pakistani Rupee (FOREX:MYRPKR)
Countertrend Up (+85) - MYRPKR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 17th, 2024 at 59.706607
The intermediate-term trend has been UP since Jul 17th, 2024 at 59.706607
The short-term trend has been UP since Jul 17th, 2024 at 59.706607
Smart Scan Analysis for MYRPKR
Based on our trend formula, MYRPKR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 59.725499 | 59.725499 | 59.725499 | 59.725499 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.725499 | 2024-07-25 11:31:20 |