Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Indian Rupee/Malaysian Ringt (FOREX:INRMYR)
Strong Downtrend (-100) - INRMYR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for INRMYR
The long-term trend has been DOWN since Oct 10th, 2021 at 0.05547519
The intermediate-term trend has been DOWN since Aug 25th, 2021 at 0.05663722
The short-term trend has been DOWN since Oct 25th, 2021 at 0.05533470
Smart Scan Analysis for INRMYR
Based on our trend formula, INRMYR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).