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.
MarketClub’s Trade Triangles for MYRPKR
The long-term trend has been UP since Mar 30th, 2020 at 38.107842
The intermediate-term trend has been DOWN since Apr 23rd, 2020 at 38.180882
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).