Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, February 7, 2025.

Malaysian Ringt/Euro (FOREX:MYREUR)

Countertrend Up (+85) - MYREUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
0.21741924 0.21741924 0.21672533 0.21740033 -0.00001900
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 down The short-term trend has been DOWN since Jan 31st, 2025 at 0.21763697

Smart Scan Analysis for MYREUR

Based on our trend formula, MYREUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MYREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21741924 0.21741924 0.21672533 0.21740033 -0.00001900
Prev. Close Volume Bid Ask Time
0.21741924 2025-02-07 15:05:39
Get a free daily analysis and signals for Malaysian Ringt/Euro (MYREUR) - Request Your Free Report.