Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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
36.790831 36.951767 36.790831 36.951767 +0.160936
Entry Signal

MarketClub’s Trade Triangles for MYRPKR

long term up The long-term trend has been UP since Mar 30th, 2020 at 38.107842

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2020 at 38.180882

short term down The short-term trend has been DOWN since May 22nd, 2020 at 36.882986

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
36.790831 36.951767 36.790831 36.951767 +0.160936
Prev. Close Volume Bid Ask Time
36.790831 36.836652 37.066882 2020-05-22 09:17:21
Get a free daily analysis and signals for Malaysian Ringt/Pakistani Rupee (MYRPKR) - Request Your Free Report.