Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, January 30, 2023.

Malaysian Ringt/British Pound (FOREX:MYRGBP)

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

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

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

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

FOREX_MYRGBP
Open High Low MYRGBP Price Change
0.19023942 0.19073740 0.19023942 0.19044017 +0.00020100
Entry Signal

MarketClub’s Trade Triangles for MYRGBP

long term down The long-term trend has been DOWN since Oct 26th, 2022 at 0.18303273

intermediate term up The intermediate-term trend has been UP since Nov 30th, 2022 at 0.18706170

short term up The short-term trend has been UP since Jan 23rd, 2023 at 0.18861312

Smart Scan Analysis for MYRGBP

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

+70
Smart Scan Analysis for MYRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19023942 0.19073740 0.19023942 0.19044017 +0.00020100
Prev. Close Volume Bid Ask Time
0.19023942 2023-01-30 21:48:36
Get a free daily analysis and signals for Malaysian Ringt/British Pound (MYRGBP) - Request Your Free Report.