Forex Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
Malaysian Ringt/Pakistani Rupee (FOREX:MYRPKR)
Weak Downtrend (-65) - MYRPKR is showing signs of a strengthening downtrend. Monitor MYRPKR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MYRPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MYRPKR
The long-term trend has been UP since Mar 30th, 2020 at 38.107842
The intermediate-term trend has been DOWN since Sep 24th, 2020 at 39.910018
The short-term trend has been DOWN since Sep 24th, 2020 at 40.049451
Smart Scan Analysis for MYRPKR
Based on our trend formula, MYRPKR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).