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Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Malaysian Ringt/Swiss Franc (FOREX:MYRCHF)
Strong Downtrend (-100) - MYRCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MYRCHF continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for MYRCHF
The long-term trend has been DOWN since Oct 18th, 2023 at 0.18773840
The intermediate-term trend has been DOWN since Nov 22nd, 2023 at 0.18865344
The short-term trend has been DOWN since Nov 22nd, 2023 at 0.18946303
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.18857336 | 0.18865840 | 0.18788365 | 0.18789639 | -0.00067700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.18857336 | 2023-11-29 13:53:29 |