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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.

FOREX_MYRGBP
Open High Low MYRGBP Price Change
0.17805950 0.17844522 0.17794740 0.17825307 +0.00019400
Entry Signal

MarketClub’s Trade Triangles for MYRGBP

long term up The long-term trend has been UP since Jul 31st, 2024 at 0.16957396

intermediate term up The intermediate-term trend has been UP since Sep 11th, 2024 at 0.17660839

short term down 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).

+65
Smart Scan Analysis for MYRGBP
Strong Downtrend Sideways 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
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