Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)
Weak Uptrend (+65) - MYRSGD is showing signs of weakening momentum to the upside. Monitor MYRSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MYRSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MYRSGD
The long-term trend has been UP since Sep 24th, 2020 at 0.33098372
The intermediate-term trend has been UP since Nov 3rd, 2020 at 0.32906440
The short-term trend has been DOWN since Nov 30th, 2020 at 0.32796022
Smart Scan Analysis for MYRSGD
Based on our trend formula, MYRSGD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).