Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)
Weak Downtrend (-65) - MYRSGD is showing signs of a strengthening downtrend. Monitor MYRSGD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for MYRSGD
The long-term trend has been DOWN since Jan 1st, 2021 at 0.32474970
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 0.32701927
The short-term trend has been DOWN since Mar 5th, 2021 at 0.32735544
Smart Scan Analysis for MYRSGD
Based on our trend formula, MYRSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).