Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Malaysian Ringt/British Pound (FOREX:MYRGBP)
Weak Downtrend (-65) - MYRGBP is showing signs of a strengthening downtrend. Monitor MYRGBP as it may be building momentum to the downside.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MYRGBP
The long-term trend has been DOWN since Mar 1st, 2023 at 0.18182217
The intermediate-term trend has been DOWN since Jul 5th, 2024 at 0.16557255
The short-term trend has been UP since Jul 18th, 2024 at 0.16513220
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 |
|---|---|---|---|---|
| 0.16682516 | 0.16709686 | 0.16681155 | 0.16685244 | +0.00002700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.16682516 | 2024-07-26 05:30:45 |