Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Malaysian Ringt/British Pound (FOREX:MYRGBP)
Weak Uptrend (+65) - MYRGBP is showing signs of weakening momentum to the upside. Monitor 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.
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MarketClub’s Trade Triangles for MYRGBP
The long-term trend has been UP since Jul 31st, 2024 at 0.16957396
The intermediate-term trend has been UP since Sep 11th, 2024 at 0.17660839
The short-term trend has been DOWN since Sep 30th, 2024 at 0.18002421
Smart Scan Analysis for MYRGBP
Based on our trend formula, MYRGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.17805950 | 0.17844522 | 0.17794740 | 0.17825307 | +0.00019400 |
Prev. Close | Volume | Bid | Ask | Time |
0.17805950 | 2024-10-08 03:44:58 |