Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
New Zealand Dollar/Malaysian Ringt (FOREX:NZDMYR)
Weak Downtrend (-65) - NZDMYR is showing signs of a strengthening downtrend. Monitor NZDMYR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NZDMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDMYR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for NZDMYR
The long-term trend has been UP since Nov 28th, 2023 at 2.8601592
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 2.8677704
The short-term trend has been DOWN since Mar 15th, 2024 at 2.8677704
Smart Scan Analysis for NZDMYR
Based on our trend formula, NZDMYR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.8686635 | 2.8686635 | 2.8667305 | 2.8676203 | -0.0010430 |
Prev. Close | Volume | Bid | Ask | Time |
2.8686635 | 2024-03-19 01:13:11 |