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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Malaysian Ringt/Pakistani Rupee (FOREX:MYRPKR)

Weak Downtrend (-65) - MYRPKR is showing signs of a strengthening downtrend. Monitor MYRPKR as it may be building momentum to the downside.

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
61.112881 61.112881 61.112881 61.112881 0.000000
Entry Signal

MarketClub’s Trade Triangles for MYRPKR

long term up The long-term trend has been UP since May 11th, 2023 at 65.422152

intermediate term down The intermediate-term trend has been DOWN since Sep 15th, 2023 at 63.669606

short term down The short-term trend has been DOWN since Sep 12th, 2023 at 65.113916

Smart Scan Analysis for MYRPKR

Based on our trend formula, MYRPKR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MYRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.112881 61.112881 61.112881 61.112881 0.000000
Prev. Close Volume Bid Ask Time
60.896756 2023-09-28 15:33:00
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