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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)

Strong Uptrend (+100) - MYRAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.33870386 0.34249823 0.33816478 0.34199661 +0.00329300
Entry Signal

MarketClub’s Trade Triangles for MYRAUD

long term up The long-term trend has been UP since Jun 18th, 2021 at 0.32029315

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2022 at 0.33315364

short term up The short-term trend has been UP since Jan 27th, 2022 at 0.33673263

Smart Scan Analysis for MYRAUD

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

+100
Smart Scan Analysis for MYRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33870386 0.34249823 0.33816478 0.34199661 +0.00329300
Prev. Close Volume Bid Ask Time
0.33870386 2022-01-28 21:20:53
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