Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Malaysian Ringt/Swiss Franc (FOREX:MYRCHF)
Strong Uptrend (+100) - MYRCHF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRCHF 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 MYRCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MYRCHF
The long-term trend has been UP since Feb 23rd, 2021 at 0.22409244
The intermediate-term trend has been UP since Jan 14th, 2021 at 0.22025006
The short-term trend has been UP since Mar 1st, 2021 at 0.22566861
Smart Scan Analysis for MYRCHF
Based on our trend formula, MYRCHF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).