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Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
Japanese Yen/Malaysian Ringt (FOREX:JPYMYR)
Bear Market Rally (-75) - JPYMYR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYMYR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid JPYMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYMYR.
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 JPYMYR
The long-term trend has been DOWN since Mar 19th, 2024 at 0.03138584
The intermediate-term trend has been UP since Dec 1st, 2024 at 0.02963653
The short-term trend has been DOWN since Dec 4th, 2024 at 0.02959898
Smart Scan Analysis for JPYMYR
Based on our trend formula, JPYMYR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02908494 | 0.02911058 | 0.02904822 | 0.02909484 | +0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02908494 | 2024-12-12 03:00:28 |