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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Malaysian Ringt/Euro (FOREX:MYREUR)

Long-Term Uptrend (+90) - MYREUR is in a strong uptrend that is likely to continue. While MYREUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.20484712 0.20577472 0.20484712 0.20577472 +0.00092800
Entry Signal

MarketClub’s Trade Triangles for MYREUR

long term up The long-term trend has been UP since Mar 5th, 2021 at 0.20562236

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2021 at 0.20529301

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.20387378

Smart Scan Analysis for MYREUR

Based on our trend formula, MYREUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MYREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20484712 0.20577472 0.20484712 0.20577472 +0.00092800
Prev. Close Volume Bid Ask Time
0.20484712 2021-03-05 17:36:37
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