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Forex Trend Analysis Report

Prepared for you on Friday, September 18, 2020.

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.

FOREX_MYRINR
Open High Low MYRINR Price Change
17.866227 17.916504 17.775707 17.895363 +0.029136
Entry Signal

MarketClub’s Trade Triangles for MYRINR

long term up The long-term trend has been UP since Aug 19th, 2020 at 17.969484

intermediate term down The intermediate-term trend has been DOWN since Aug 28th, 2020 at 17.546231

short term up The short-term trend has been UP since Sep 17th, 2020 at 17.821567

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).

+75
Smart Scan Analysis for MYRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.866227 17.916504 17.775707 17.895363 +0.029136
Prev. Close Volume Bid Ask Time
17.866227 17.878943 17.911783 2020-09-18 13:55:24
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