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Forex Trend Analysis Report

Prepared for you on Saturday, December 3, 2022.

Malaysian Ringt/Euro (FOREX:MYREUR)

Crossroads (+60) - MYREUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MYREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MYREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MYREUR
Open High Low MYREUR Price Change
0.21633241 0.21633241 0.21633241 0.21633241 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MYREUR

long term down The long-term trend has been DOWN since Oct 4th, 2022 at 0.21687211

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2022 at 0.21567908

short term up The short-term trend has been UP since Nov 24th, 2022 at 0.21340004

Smart Scan Analysis for MYREUR

Based on our trend formula, MYREUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MYREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21633241 0.21633241 0.21633241 0.21633241 0.00000000
Prev. Close Volume Bid Ask Time
0.21633241 2022-12-03 06:33:57
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