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Forex Trend Analysis Report

Prepared for you on Monday, October 6, 2025.

Chinese Yuan Renminbi Offshore/Malaysian Ringt (FOREX:CNHMYR)

Weak Downtrend (-65) - CNHMYR is showing signs of a strengthening downtrend. Monitor CNHMYR as it may be building momentum to the downside.

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

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

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

FOREX_CNHMYR
Open High Low CNHMYR Price Change
0.58973785 0.59025801 0.58951878 0.59021545 +0.00047800
Entry Signal

MarketClub’s Trade Triangles for CNHMYR

long term down The long-term trend has been DOWN since Apr 21st, 2025 at 0.60117967

intermediate term up The intermediate-term trend has been UP since Aug 31st, 2025 at 0.59332471

short term down The short-term trend has been DOWN since Sep 30th, 2025 at 0.58995725

Smart Scan Analysis for CNHMYR

Based on our trend formula, CNHMYR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CNHMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.58973785 0.59025801 0.58951878 0.59021545 +0.00047800
Prev. Close Volume Bid Ask Time
0.58973785 2025-10-06 16:59:03
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