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Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)
Strong Uptrend (+100) - MYRSGD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRSGD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Oct 4th, 2021 at 0.32567688
The intermediate-term trend has been UP since Oct 28th, 2021 at 0.32603588
The short-term trend has been UP since Oct 22nd, 2021 at 0.32433662
Smart Scan Analysis for MYRSGD
Based on our trend formula, MYRSGD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.32469431 | 0.32630224 | 0.32403824 | 0.32611539 | +0.00142100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.32469431 | 2021-10-28 17:19:55 |