Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Malaysian Ringt/Japanese Yen (FOREX:MYRJPY)
Weak Downtrend (-65) - MYRJPY is showing signs of a strengthening downtrend. Monitor MYRJPY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MYRJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MYRJPY
The long-term trend has been UP since Sep 24th, 2024 at 34.530995
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 34.452161
The short-term trend has been DOWN since Jan 30th, 2025 at 35.165136
Smart Scan Analysis for MYRJPY
Based on our trend formula, MYRJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.813461 | 34.976810 | 34.624706 | 34.642344 | -0.171117 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.813461 | 2025-02-04 23:33:15 |