BURMESE KYAT / U.S. DOLLAR
0.000436USDR
0.0000000.00%
Last update at Jun 10, 22:30 GMT
USD
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Key data points
USD/MMK (Need Stability to Ensure Prosperity)View On USD/MMK (3 FEB 2021)
Due to the current uncertainties in the country, we shall be witnessing "the capital flight to safety" event.
MMK shall devalue pretty quickly as the process drags on.
It should "easily" go to 1440 region soon and 1500 is next.
Whatever method you use if you do no
Eco/monetary news n°27: The FUD is more than just FUD> After 3 months of election fraud suspicions/allegations Myanmar military arrested the state leader & president
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2021 off to a good start. Unsurprisingly it has begun.
After winning the general elections with 80% of the votes (not counting the fixed 25% the military get) t
USD/MMK (FDI will make MM Kyat stronger)View On USD/MMK (18 MARCH 2020)
Myanmar Kyat (MMK) is depreciation against the Greenback (USD) for years now but recently the trend started to reverse due to massive FDI (Foreign Direct Investment) fund inflow to the country.
Unfortunately, the reversing trend gets stalled as the USD climbed back
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.