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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
South Korean Won/Malaysian Ringt (FOREX:KRWMYR)
Countertrend Up (+85) - KRWMYR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid KRWMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWMYR.
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 KRWMYR
The long-term trend has been UP since May 5th, 2025 at 0.00312441
The intermediate-term trend has been UP since May 5th, 2025 at 0.00312441
The short-term trend has been DOWN since May 7th, 2025 at 0.00302269
Smart Scan Analysis for KRWMYR
Based on our trend formula, KRWMYR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00306198 | 0.00306951 | 0.00304837 | 0.00306564 | +0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00306198 | 2025-05-08 23:05:28 |