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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Malaysian Ringt/Euro (FOREX:MYREUR)

Bull Market Weakness (+75) - MYREUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MYREUR as it may be in the beginning stages of a reversal.

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
0.21374224 0.21532236 0.21374224 0.21374224 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MYREUR

long term up The long-term trend has been UP since Jun 10th, 2024 at 0.19710737

intermediate term up The intermediate-term trend has been UP since Nov 22nd, 2024 at 0.21280133

short term up The short-term trend has been UP since Dec 23rd, 2024 at 0.21387942

Smart Scan Analysis for MYREUR

Based on our trend formula, MYREUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MYREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21374224 0.21532236 0.21374224 0.21374224 0.00000000
Prev. Close Volume Bid Ask Time
0.21374224 2024-12-26 05:02:58
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