Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

Australian Dollar/Malaysian Ringt (FOREX:AUDMYR)

Long-Term Downtrend (-90) - AUDMYR is in a strong downtrend that is likely to continue. While AUDMYR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid AUDMYR?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDMYR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDMYR
Open High Low AUDMYR Price Change
2.7262561 2.7322989 2.7247391 2.7303986 +0.0041420
Entry Signal

MarketClub’s Trade Triangles for AUDMYR

long term down The long-term trend has been DOWN since Dec 8th, 2024 at 2.8258685

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2025 at 2.7412837

short term down The short-term trend has been DOWN since May 21st, 2025 at 2.7464850

Smart Scan Analysis for AUDMYR

Based on our trend formula, AUDMYR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AUDMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7262561 2.7322989 2.7247391 2.7303986 +0.0041420
Prev. Close Volume Bid Ask Time
2.7262561 2025-05-30 05:42:53
Get a free daily analysis and signals for Australian Dollar/Malaysian Ringt (AUDMYR) - Request Your Free Report.