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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Malaysian Ringt/Euro (FOREX:MYREUR)

Strong Downtrend (-100) - MYREUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.2015109 0.2015109 0.2015109 0.2015109 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MYREUR

long term down The long-term trend has been DOWN since Apr 19th, 2021 at 0.20180458

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2021 at 0.20298123

short term down The short-term trend has been DOWN since Apr 5th, 2021 at 0.20558430

Smart Scan Analysis for MYREUR

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

-100
Smart Scan Analysis for MYREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2015109 0.2015109 0.2015109 0.2015109 0.0000000
Prev. Close Volume Bid Ask Time
0.2015109 2021-05-09 05:44:46
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