Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, December 13, 2024.
Malaysian Ringt/Indonesian Rupiah (FOREX:MYRIDR)
Strong Uptrend (+100) - MYRIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MYRIDR
The long-term trend has been UP since Apr 16th, 2024 at 3395.8977
The intermediate-term trend has been UP since Dec 4th, 2024 at 3603.4495
The short-term trend has been UP since Dec 3rd, 2024 at 3575.7439
Smart Scan Analysis for MYRIDR
Based on our trend formula, MYRIDR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3594.4307 | 3618.1298 | 3592.5926 | 3600.6180 | +6.1873 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3594.4307 | 2024-12-13 10:12:27 |