USDMYR Analysis
Fibonacci Analysis:
Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days)
and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend
will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts
will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time Frame | Trend | 38.2% | 50% | 61.8% |
Long | 4.1225 to 4.5135 | 4.4921 (5.47%) | . | . |
Intermediate | 4.3444 to 4.5135 | 4.4921 (12.66%) | . | . |
Short | 4.4676 to 4.5135 | . | 4.4921 (46.62%) | . |