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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)
Sidelines Mode (-55) - MYRAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for MYRAUD
The long-term trend has been DOWN since Apr 23rd, 2025 at 0.35275513
The intermediate-term trend has been UP since May 5th, 2025 at 0.36711455
The short-term trend has been DOWN since May 8th, 2025 at 0.36340711
Smart Scan Analysis for MYRAUD
Based on our trend formula, MYRAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.36469108 | 0.36615405 | 0.36275586 | 0.36334942 | -0.00134200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.36469108 | 2025-05-08 23:01:36 |