Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 28, 2024.
Malaysian Ringt/Indian Rupee (FOREX:MYRINR)
Bull Market Weakness (+75) - MYRINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MYRINR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MYRINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRINR.
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 MYRINR
The long-term trend has been UP since May 15th, 2024 at 17.805631
The intermediate-term trend has been DOWN since Oct 10th, 2024 at 19.487190
The short-term trend has been UP since Nov 25th, 2024 at 18.929149
Smart Scan Analysis for MYRINR
Based on our trend formula, MYRINR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.049176 | 19.058793 | 18.968701 | 19.011556 | -0.037620 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.049176 | 2024-11-28 16:29:08 |