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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Malaysian Ringt/Canadian Dollar (FOREX:MYRCAD)
Bull Market Weakness (+75) - MYRCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MYRCAD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MYRCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRCAD.
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 MYRCAD
The long-term trend has been UP since May 3rd, 2024 at 0.28897121
The intermediate-term trend has been DOWN since Mar 24th, 2025 at 0.32176022
The short-term trend has been UP since Mar 28th, 2025 at 0.32382283
Smart Scan Analysis for MYRCAD
Based on our trend formula, MYRCAD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.32467765 | 0.32531189 | 0.32336647 | 0.32439192 | -0.00028600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.32467765 | 2025-03-31 17:19:29 |