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Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2026.
Chinese Yuan Renminbi/Malaysian Ringt (FOREX:CNYMYR)
Strong Uptrend (+100) - CNYMYR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNYMYR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CNYMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYMYR.
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 CNYMYR
The long-term trend has been UP since Mar 31st, 2026 at 0.58488212
The intermediate-term trend has been UP since Mar 1st, 2026 at 0.56918175
The short-term trend has been UP since Apr 7th, 2026 at 0.58671142
Smart Scan Analysis for CNYMYR
Based on our trend formula, CNYMYR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.58262937 | 0.58336076 | 0.58248309 | 0.58300460 | +0.00037500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.58262937 | 2026-04-09 17:06:45 |