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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Malaysian Ringt/South Korean Won (FOREX:MYRKRW)
Long-Term Uptrend (+90) - MYRKRW is in a strong uptrend that is likely to continue. While MYRKRW 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 MYRKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRKRW.
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 MYRKRW
The long-term trend has been UP since Apr 12th, 2024 at 288.74650
The intermediate-term trend has been UP since Mar 18th, 2024 at 283.55487
The short-term trend has been UP since Apr 11th, 2024 at 287.72957
Smart Scan Analysis for MYRKRW
Based on our trend formula, MYRKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 292.05925 | 292.05925 | 290.20346 | 290.20346 | -1.85579 |
| Prev. Close | Volume | Bid | Ask | Time |
| 292.05925 | 2024-04-16 05:23:07 |