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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Canadian Dollar/Malaysian Ringt (FOREX:CADMYR)

Bull Market Weakness (+75) - CADMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADMYR as it may be in the beginning stages of a reversal.

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
3.2596236 3.2606204 3.2542748 3.2590691 -0.0005540
Entry Signal

MarketClub’s Trade Triangles for CADMYR

long term up The long-term trend has been UP since Mar 1st, 2023 at 3.3053772

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 3.2577046

short term up The short-term trend has been UP since Mar 28th, 2023 at 3.2367910

Smart Scan Analysis for CADMYR

Based on our trend formula, CADMYR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CADMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2596236 3.2606204 3.2542748 3.2590691 -0.0005540
Prev. Close Volume Bid Ask Time
3.2596236 2023-03-31 04:57:27
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