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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.

FOREX_KRWMYR
Open High Low KRWMYR Price Change
0.00306198 0.00306951 0.00304837 0.00306564 +0.00000400
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term up The long-term trend has been UP since May 5th, 2025 at 0.00312441

intermediate term up The intermediate-term trend has been UP since May 5th, 2025 at 0.00312441

short term down 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).

+85
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways 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
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