Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, January 8, 2026.
Chinese Yuan Renminbi/Malaysian Ringt (FOREX:CNYMYR)
Bull Market Weakness (+75) - CNYMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNYMYR as it may be in the beginning stages of a reversal.
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 DOWN since Nov 10th, 2025 at 0.58345123
The intermediate-term trend has been UP since Jan 4th, 2026 at 0.58196896
The short-term trend has been UP since Jan 7th, 2026 at 0.58272581
Smart Scan Analysis for CNYMYR
Based on our trend formula, CNYMYR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.58058523 | 0.58094251 | 0.58058523 | 0.58079960 | +0.00021400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.58058523 | 2026-01-08 06:41:50 |