Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

South Korean Won/Malaysian Ringt (FOREX:KRWMYR)

Weak Downtrend (-65) - KRWMYR is showing signs of a strengthening downtrend. Monitor KRWMYR as it may be building momentum to the downside.

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
0.00357258 0.00357258 0.00354039 0.00354039 -0.00003200
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term up The long-term trend has been UP since Jun 8th, 2023 at 0.00355406

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2023 at 0.00354936

short term down The short-term trend has been DOWN since Dec 7th, 2023 at 0.00353048

Smart Scan Analysis for KRWMYR

Based on our trend formula, KRWMYR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00357258 0.00357258 0.00354039 0.00354039 -0.00003200
Prev. Close Volume Bid Ask Time
0.00357258 2023-12-08 13:15:57
Get a free daily analysis and signals for South Korean Won/Malaysian Ringt (KRWMYR) - Request Your Free Report.