Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Chinese Yuan Renminbi/Malaysian Ringt (FOREX:CNYMYR)
Weak Downtrend (-65) - CNYMYR is showing signs of a strengthening downtrend. Monitor CNYMYR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CNYMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYMYR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNYMYR
The long-term trend has been DOWN since Apr 17th, 2024 at 0.64440494
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.65338552
The short-term trend has been UP since Apr 25th, 2024 at 0.66062430
Smart Scan Analysis for CNYMYR
Based on our trend formula, CNYMYR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.66015733 | 0.66123351 | 0.65922011 | 0.65937099 | -0.00078600 |
Prev. Close | Volume | Bid | Ask | Time |
0.66015733 | 2024-04-25 23:25:45 |