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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)

Crossroads (+60) - MYRSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_MYRSGD
Open High Low MYRSGD Price Change
0.28469318 0.28495285 0.28434761 0.28444425 -0.00024900
Entry Signal

MarketClub’s Trade Triangles for MYRSGD

long term down The long-term trend has been DOWN since Oct 10th, 2023 at 0.28845965

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2024 at 0.28339070

short term up The short-term trend has been UP since Mar 20th, 2024 at 0.28457187

Smart Scan Analysis for MYRSGD

Based on our trend formula, MYRSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MYRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28469318 0.28495285 0.28434761 0.28444425 -0.00024900
Prev. Close Volume Bid Ask Time
0.28469318 2024-03-28 04:30:35
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