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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Malaysian Ringt/Indian Rupee (FOREX:MYRINR)

Long-Term Uptrend (+90) - MYRINR is in a strong uptrend that is likely to continue. While MYRINR 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 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
19.925624 19.979075 19.901384 19.919201 -0.006423
Entry Signal

MarketClub’s Trade Triangles for MYRINR

long term up The long-term trend has been UP since May 15th, 2024 at 17.805631

intermediate term up The intermediate-term trend has been UP since Apr 10th, 2025 at 19.766073

short term up The short-term trend has been UP since May 5th, 2025 at 20.005412

Smart Scan Analysis for MYRINR

Based on our trend formula, MYRINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MYRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.925624 19.979075 19.901384 19.919201 -0.006423
Prev. Close Volume Bid Ask Time
19.925624 2025-05-09 03:23:58
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