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Forex Trend Analysis Report
Prepared for you on Sunday, February 1, 2026.
Canadian Dollar/Malaysian Ringt (FOREX:CADMYR)
Countertrend Down (-85) - CADMYR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for CADMYR
The long-term trend has been DOWN since May 4th, 2025 at 3.0409895
The intermediate-term trend has been DOWN since Jan 5th, 2026 at 2.9481445
The short-term trend has been UP since Jan 29th, 2026 at 2.9136179
Smart Scan Analysis for CADMYR
Based on our trend formula, CADMYR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9119924 | 2.9132912 | 2.8979647 | 2.8979647 | -0.0140280 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9119924 | 2026-01-30 15:24:06 |