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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

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
39.297638 39.393939 39.297638 39.393939 +0.096301
Entry Signal

MarketClub’s Trade Triangles for MYRPKR

long term up The long-term trend has been UP since Jan 4th, 2021 at 39.799356

intermediate term down The intermediate-term trend has been DOWN since Feb 4th, 2021 at 39.543492

short term down The short-term trend has been DOWN since Feb 24th, 2021 at 39.314950

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
39.297638 39.393939 39.297638 39.393939 +0.096301
Prev. Close Volume Bid Ask Time
39.297638 2021-02-24 15:36:39
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