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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
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.
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MarketClub’s Trade Triangles for MYRPKR
The long-term trend has been UP since Jul 17th, 2024 at 59.706607
The intermediate-term trend has been DOWN since Oct 10th, 2024 at 64.740758
The short-term trend has been UP since Nov 21st, 2024 at 62.207807
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 62.239642 | 62.239642 | 62.239642 | 62.239642 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 62.239642 | 2024-11-21 15:05:26 |