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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Japanese Yen/Malaysian Ringt (FOREX:JPYMYR)

Countertrend Down (-85) - JPYMYR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_JPYMYR
Open High Low JPYMYR Price Change
0.03651611 0.03651787 0.03651611 0.03651787 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for JPYMYR

long term down The long-term trend has been DOWN since Oct 10th, 2021 at 0.03726861

intermediate term down The intermediate-term trend has been DOWN since Sep 28th, 2021 at 0.03757938

short term up The short-term trend has been UP since Oct 21st, 2021 at 0.03651635

Smart Scan Analysis for JPYMYR

Based on our trend formula, JPYMYR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for JPYMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03651611 0.03651787 0.03651611 0.03651787 +0.00000200
Prev. Close Volume Bid Ask Time
0.03651611 2021-10-25 01:25:04
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