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Forex Trend Analysis Report
Prepared for you on Monday, November 25, 2024.
Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)
Long-Term Uptrend (+90) - MYRSGD is in a strong uptrend that is likely to continue. While MYRSGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for MYRSGD
The long-term trend has been UP since May 1st, 2024 at 0.28621360
The intermediate-term trend has been UP since Nov 25th, 2024 at 0.30322771
The short-term trend has been UP since Nov 24th, 2024 at 0.30170212
Smart Scan Analysis for MYRSGD
Based on our trend formula, MYRSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.30224409 | 0.30338921 | 0.30210994 | 0.30286186 | +0.00061800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.30224409 | 2024-11-25 08:31:22 |