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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Canadian Dollar/Malaysian Ringt (FOREX:CADMYR)

Strong Downtrend (-100) - CADMYR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADMYR continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_CADMYR
Open High Low CADMYR Price Change
3.0988769 3.0988769 3.0889168 3.0902780 -0.0085990
Entry Signal

MarketClub’s Trade Triangles for CADMYR

long term down The long-term trend has been DOWN since May 4th, 2025 at 3.0409895

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2025 at 3.1043264

short term down The short-term trend has been DOWN since Apr 21st, 2025 at 3.1718310

Smart Scan Analysis for CADMYR

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

-100
Smart Scan Analysis for CADMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0988769 3.0988769 3.0889168 3.0902780 -0.0085990
Prev. Close Volume Bid Ask Time
3.0988769 2025-05-09 04:46:17
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