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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Malaysian Ringt/Indonesian Rupiah (FOREX:MYRIDR)
Long-Term Uptrend (+90) - MYRIDR is in a strong uptrend that is likely to continue. While MYRIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MYRIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRIDR.
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 MYRIDR
The long-term trend has been UP since Feb 2nd, 2025 at 3713.8120
The intermediate-term trend has been UP since Mar 11th, 2025 at 3728.8784
The short-term trend has been UP since Mar 11th, 2025 at 3707.4715
Smart Scan Analysis for MYRIDR
Based on our trend formula, MYRIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3709.4229 | 3713.0837 | 3709.4229 | 3710.0338 | +0.6109 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3709.4229 | 2025-03-12 00:26:05 |