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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Malaysian Ringt/British Pound (FOREX:MYRGBP)
Crossroads (-60) - MYRGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jan 9th, 2025 at 0.18094194
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 0.17990396
The short-term trend has been DOWN since Jan 30th, 2025 at 0.18250886
Smart Scan Analysis for MYRGBP
Based on our trend formula, MYRGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.18086381 | 0.18147474 | 0.18031222 | 0.18095674 | +0.00009300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.18086381 | 2025-02-04 23:03:53 |