Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

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
0.17795692 0.17802366 0.17761827 0.17761827 -0.00033900
Entry Signal

MarketClub’s Trade Triangles for MYRGBP

long term up The long-term trend has been UP since Sep 28th, 2021 at 0.17568125

intermediate term up The intermediate-term trend has been UP since Nov 2nd, 2021 at 0.17678916

short term up The short-term trend has been UP since Nov 29th, 2021 at 0.17755591

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
0.17795692 0.17802366 0.17761827 0.17761827 -0.00033900
Prev. Close Volume Bid Ask Time
0.17795692 2021-12-02 04:27:38
Get a free daily analysis and signals for Malaysian Ringt/British Pound (MYRGBP) - Request Your Free Report.