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Forex Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)
Countertrend Up (+85) - MYRAUD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 24th, 2024 at 0.32651298
The intermediate-term trend has been UP since Nov 27th, 2024 at 0.34749963
The short-term trend has been DOWN since Nov 29th, 2024 at 0.34465389
Smart Scan Analysis for MYRAUD
Based on our trend formula, MYRAUD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.34479530 | 0.34485914 | 0.34391757 | 0.34483573 | +0.00004000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.34479530 | 2024-12-02 06:46:26 |