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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.

FOREX_MYRSGD
Open High Low MYRSGD Price Change
0.32984439 0.33048228 0.32710082 0.32767619 -0.00216800
Entry Signal

MarketClub’s Trade Triangles for MYRSGD

long term up The long-term trend has been UP since Sep 24th, 2020 at 0.33098372

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2020 at 0.32906440

short term down 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).

+65
Smart Scan Analysis for MYRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32984439 0.33048228 0.32710082 0.32767619 -0.00216800
Prev. Close Volume Bid Ask Time
0.32984439 2020-11-30 21:15:25
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