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Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Indian Rupee/Malaysian Ringt (FOREX:INRMYR)
Weak Uptrend (+65) - INRMYR is showing signs of weakening momentum to the upside. Monitor INRMYR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid INRMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRMYR.
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 INRMYR
The long-term trend has been UP since Apr 25th, 2022 at 0.05684846
The intermediate-term trend has been UP since Jul 29th, 2022 at 0.05603104
The short-term trend has been DOWN since Aug 11th, 2022 at 0.05594698
Smart Scan Analysis for INRMYR
Based on our trend formula, INRMYR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05590848 | 0.05593382 | 0.05590848 | 0.05593244 | +0.00002400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05590848 | 2022-08-15 01:40:26 |