Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)
Crossroads (+60) - MYRSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MYRSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MYRSGD
The long-term trend has been DOWN since Oct 10th, 2023 at 0.28845965
The intermediate-term trend has been UP since Apr 23rd, 2024 at 0.28587191
The short-term trend has been UP since Apr 19th, 2024 at 0.28504700
Smart Scan Analysis for MYRSGD
Based on our trend formula, MYRSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.28504875 | 0.28561436 | 0.28495790 | 0.28525666 | +0.00020800 |
Prev. Close | Volume | Bid | Ask | Time |
0.28504875 | 2024-04-26 07:35:55 |