Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Malaysian Ringt/Pakistani Rupee (FOREX:MYRPKR)
Countertrend Down (-85) - MYRPKR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jan 6th, 2025 at 61.979690
The intermediate-term trend has been DOWN since Jan 27th, 2025 at 61.682554
The short-term trend has been UP since Jan 27th, 2025 at 61.894713
Smart Scan Analysis for MYRPKR
Based on our trend formula, MYRPKR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 63.513667 | 63.519362 | 63.513667 | 63.519362 | +0.005695 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.484749 | 2025-01-29 13:02:17 |