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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)

Bull Market Weakness (+75) - MYRAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MYRAUD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MYRAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for MYRAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MYRAUD
Open High Low MYRAUD Price Change
0.35609842 0.35692536 0.35590931 0.35650334 +0.00040500
Entry Signal

MarketClub’s Trade Triangles for MYRAUD

long term up The long-term trend has been UP since Jul 24th, 2024 at 0.32651298

intermediate term up The intermediate-term trend has been UP since Nov 27th, 2024 at 0.34749963

short term down The short-term trend has been DOWN since Dec 24th, 2024 at 0.35455380

Smart Scan Analysis for MYRAUD

Based on our trend formula, MYRAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for MYRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35609842 0.35692536 0.35590931 0.35650334 +0.00040500
Prev. Close Volume Bid Ask Time
0.35609842 2024-12-26 06:44:21
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