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.
MarketClub’s Trade Triangles for KRWMYR
The long-term trend has been UP since Jun 8th, 2023 at 0.00355406
The intermediate-term trend has been DOWN since Dec 5th, 2023 at 0.00354936
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).