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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Swiss Franc/Malaysian Ringt (FOREX:CHFMYR)
Sidelines Mode (+55) - CHFMYR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CHFMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFMYR.
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 CHFMYR
The long-term trend has been UP since Mar 18th, 2025 at 5.0632839
The intermediate-term trend has been UP since Feb 25th, 2025 at 4.9412442
The short-term trend has been DOWN since Mar 31st, 2025 at 5.0164325
Smart Scan Analysis for CHFMYR
Based on our trend formula, CHFMYR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.0163916 | 5.0163916 | 5.0163916 | 5.0163916 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.0163916 | 2025-03-31 15:30:53 |