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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Malaysian Ringt/Pakistani Rupee (FOREX:MYRPKR)

Sidelines Mode (+55) - MYRPKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_MYRPKR
Open High Low MYRPKR Price Change
42.091441 42.134416 42.091441 42.124866 +0.033425
Entry Signal

MarketClub’s Trade Triangles for MYRPKR

long term up The long-term trend has been UP since Jul 26th, 2021 at 38.151230

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2021 at 42.577098

short term down The short-term trend has been DOWN since Jan 20th, 2022 at 42.105892

Smart Scan Analysis for MYRPKR

Based on our trend formula, MYRPKR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MYRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.091441 42.134416 42.091441 42.124866 +0.033425
Prev. Close Volume Bid Ask Time
42.147378 2022-01-20 15:56:17
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