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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.

FOREX_MYRSGD
Open High Low MYRSGD Price Change
0.32765103 0.32939724 0.32701208 0.32901461 +0.00136400
Entry Signal

MarketClub’s Trade Triangles for MYRSGD

long term down The long-term trend has been DOWN since Jan 1st, 2021 at 0.32474970

intermediate term down The intermediate-term trend has been DOWN since Feb 17th, 2021 at 0.32701927

short term down 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).

-70
Smart Scan Analysis for MYRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32765103 0.32939724 0.32701208 0.32901461 +0.00136400
Prev. Close Volume Bid Ask Time
0.32765103 2021-03-05 17:00:56
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