Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
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.
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MarketClub’s Trade Triangles for MYRSGD
The long-term trend has been UP since May 1st, 2024 at 0.28621360
The intermediate-term trend has been DOWN since Oct 15th, 2024 at 0.30319312
The short-term trend has been DOWN since Oct 22nd, 2024 at 0.30334804
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).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.30413251 | 0.30443484 | 0.30162864 | 0.30336147 | -0.00077100 |
Prev. Close | Volume | Bid | Ask | Time |
0.30413251 | 2024-10-25 17:06:35 |