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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.

FOREX_MYRPKR
Open High Low MYRPKR Price Change
39.285284 39.285284 39.212969 39.212969 -0.072315
Entry Signal

MarketClub’s Trade Triangles for MYRPKR

long term up The long-term trend has been UP since Mar 30th, 2020 at 38.107842

intermediate term down The intermediate-term trend has been DOWN since Sep 24th, 2020 at 39.910018

short term down 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).

-70
Smart Scan Analysis for MYRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.285284 39.285284 39.212969 39.212969 -0.072315
Prev. Close Volume Bid Ask Time
39.285284 2020-10-16 16:20:51
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