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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Malaysian Ringt/Brazilian Real (FOREX:MYRBRL)
Strong Uptrend (+100) - MYRBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRBRL 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 MYRBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRBRL.
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 MYRBRL
The long-term trend has been UP since Mar 8th, 2024 at 1.0681852
The intermediate-term trend has been UP since Dec 6th, 2024 at 1.3736890
The short-term trend has been UP since Dec 24th, 2024 at 1.3818041
Smart Scan Analysis for MYRBRL
Based on our trend formula, MYRBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4974085 | 1.4984586 | 1.4963599 | 1.4974085 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4974085 | 2024-12-26 05:03:22 |