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Forex Trend Analysis Report

Prepared for you on Wednesday, June 12, 2024.

Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)

Weak Uptrend (+65) - MYRAUD is showing signs of weakening momentum to the upside. Monitor 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
0.32006507 0.32098249 0.31888011 0.32002937 -0.00003600
Entry Signal

MarketClub’s Trade Triangles for MYRAUD

long term up The long-term trend has been UP since Apr 16th, 2024 at 0.32613265

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 0.32192625

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 0.31935879

Smart Scan Analysis for MYRAUD

Based on our trend formula, MYRAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MYRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32006507 0.32098249 0.31888011 0.32002937 -0.00003600
Prev. Close Volume Bid Ask Time
0.32006507 2024-06-12 18:58:24
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