Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Malaysian Ringt/Pakistani Rupee (FOREX:MYRPKR)
Strong Uptrend (+100) - MYRPKR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRPKR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 26th, 2021 at 38.151230
The intermediate-term trend has been UP since Sep 30th, 2021 at 40.759889
The short-term trend has been UP since Sep 24th, 2021 at 40.321424
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).