Title
by Americanbulls.com LLC
Last Update
2022-12-07
MYRSGD
MALAYSIAN RINGGIT / SINGAPORE DOLLAR
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
0.3079
Change:
-0.0008
Percent change
-0.26%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.3087, and our valid average selling price stands now at 0.3082. The previous BUY signal was issued on 2022-11-15, 22 days ago, when the currency rate was 0.2992. Since then MYRSGD has risen by +3.01%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
2022-12-070.3082SELL $10,725
2022-11-150.2992BUY $9,962
2022-11-040.2969SHORT $10,262
2022-10-310.2993BUY $10,433
2022-10-120.3071SHORT $10,093
2022-10-060.3080BUY $10,146
2022-09-280.3108SELL $10,156
2022-09-230.3116BUY $10,197
2022-09-050.3123SELL $10,207
2022-08-260.3112BUY $10,089
2022-08-230.3099SELL $10,099
2022-08-120.3084BUY $9,947
2022-08-040.3091SHORT $9,996
2022-08-020.3101BUY $10,079
2022-07-070.3164SELL $10,089
2022-06-280.3155BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$7/day
† Short Swap: -US$8/day
Date 
Price 
Signal 
 
$10K ⇨ 
2022-12-070.3082SELL $9,449
2022-11-150.2992BUY $8,686
2022-11-040.2969SHORT $8,986
2022-10-310.2993BUY $9,157
2022-10-120.3071SHORT $8,817
2022-10-060.3080BUY $8,870
2022-09-280.3108SELL $8,880
2022-09-230.3116BUY $8,921
2022-09-050.3123SELL $8,931
2022-08-260.3112BUY $8,813
2022-08-230.3099SELL $8,823
2022-08-120.3084BUY $8,671
2022-08-040.3091SHORT $8,720
2022-08-020.3101BUY $8,803
2022-07-070.3164SELL $8,813
2022-06-280.3155BUY $8,714
2022-06-220.3147SELL $8,724
2022-06-060.3135BUY $8,568
2022-06-020.3120SHORT $8,737
2022-05-300.3129BUY $8,808
2022-05-160.3162SHORT $8,727
2022-05-120.3178BUY $8,843
2022-05-040.3166SHORT $9,029
2022-04-270.3166BUY $9,014
2022-04-210.3177SHORT $9,015
2022-04-190.3213BUY $9,289
2022-04-120.3221SELL $9,299
2022-04-050.3227BUY $9,318
2022-03-300.3215SHORT $9,487
2022-03-250.3218BUY $9,505
2022-03-090.3241SELL $9,515
2022-02-210.3219BUY $9,283
2022-02-170.3206SHORT $9,440
2022-02-110.3214BUY $9,490
2022-02-010.3221SELL $9,500
2022-01-280.3226BUY $9,528
2022-01-210.3210SHORT $9,737
2022-01-140.3223BUY $9,819
2022-01-120.3215SHORT $9,919
2022-01-100.3228BUY $10,026
2022-01-060.3228SELL $10,036
2021-12-140.3236BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$7/day
† Short Swap: -US$8/day
Date 
Price 
Signal 
 
$10K ⇨ 
2022-12-070.3082SELL $8,375
2022-11-150.2992BUY $7,612
2022-11-040.2969SHORT $7,912
2022-10-310.2993BUY $8,083
2022-10-120.3071SHORT $7,743
2022-10-060.3080BUY $7,796
2022-09-280.3108SELL $7,806
2022-09-230.3116BUY $7,847
2022-09-050.3123SELL $7,857
2022-08-260.3112BUY $7,739
2022-08-230.3099SELL $7,749
2022-08-120.3084BUY $7,597
2022-08-040.3091SHORT $7,646
2022-08-020.3101BUY $7,729
2022-07-070.3164SELL $7,739
2022-06-280.3155BUY $7,640
2022-06-220.3147SELL $7,650
2022-06-060.3135BUY $7,494
2022-06-020.3120SHORT $7,663
2022-05-300.3129BUY $7,734
2022-05-160.3162SHORT $7,653
2022-05-120.3178BUY $7,769
2022-05-040.3166SHORT $7,955
2022-04-270.3166BUY $7,940
2022-04-210.3177SHORT $7,941
2022-04-190.3213BUY $8,215
2022-04-120.3221SELL $8,225
2022-04-050.3227BUY $8,244
2022-03-300.3215SHORT $8,413
2022-03-250.3218BUY $8,431
2022-03-090.3241SELL $8,441
2022-02-210.3219BUY $8,209
2022-02-170.3206SHORT $8,366
2022-02-110.3214BUY $8,416
2022-02-010.3221SELL $8,426
2022-01-280.3226BUY $8,454
2022-01-210.3210SHORT $8,663
2022-01-140.3223BUY $8,745
2022-01-120.3215SHORT $8,845
2022-01-100.3228BUY $8,952
2022-01-060.3228SELL $8,962
2021-12-140.3236BUY $8,916
2021-12-060.3233SHORT $9,038
2021-11-300.3244BUY $9,109
2021-11-240.3247SELL $9,119
2021-11-190.3253BUY $9,148
2021-11-120.3243SELL $9,158
2021-11-100.3256BUY $9,255
2021-10-280.3238SELL $9,265
2021-10-210.3233BUY $9,203
2021-10-150.3240SELL $9,213
2021-09-280.3239BUY $9,131
2021-09-130.3232SELL $9,141
2021-08-250.3214BUY $8,922
2021-08-230.3207SELL $8,932
2021-08-170.3205BUY $8,898
2021-08-110.3195SHORT $9,052
2021-08-060.3208BUY $9,143
2021-07-210.3219SHORT $9,242
2021-07-130.3232BUY $9,318
2021-07-020.3234SELL $9,328
2021-06-280.3236BUY $9,333
2021-06-220.3230SELL $9,343
2021-06-110.3219BUY $9,217
2021-06-070.3204SHORT $9,391
2021-05-310.3201BUY $9,354
2021-05-180.3220SHORT $9,361
2021-05-120.3230BUY $9,427
2021-05-060.3232SELL $9,437
2021-04-260.3232BUY $9,397
2021-04-140.3234SHORT $9,522
2021-04-020.3249BUY $9,595
2021-03-170.3259SHORT $9,701
2021-03-150.3271BUY $9,801
2021-03-080.3284SELL $9,811
2021-02-260.3282BUY $9,757
2021-02-180.3279SHORT $9,880
2021-02-160.3283BUY $9,921
2021-02-030.3288SELL $9,931
2021-01-280.3284BUY $9,881
2021-01-190.3280SELL $9,891
2021-01-140.3280BUY $9,876
2021-01-120.3272SHORT $9,977
2020-12-280.3281BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$7/day
† Short Swap: -US$8/day

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