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.
MarketClub’s Trade Triangles for MYRINR
The long-term trend has been UP since Aug 19th, 2020 at 17.969484
The intermediate-term trend has been DOWN since Aug 28th, 2020 at 17.546231
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).