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Forex Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

Malaysian Ringt/Swiss Franc (FOREX:MYRCHF)

Weak Downtrend (-65) - MYRCHF is showing signs of a strengthening downtrend. Monitor MYRCHF as it may be building momentum to the downside.

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.

FOREX_MYRCHF
Open High Low MYRCHF Price Change
0.21819672 0.21824999 0.21772340 0.21805881 -0.00013800
Entry Signal

MarketClub’s Trade Triangles for MYRCHF

long term down The long-term trend has been DOWN since Dec 2nd, 2021 at 0.21759433

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2022 at 0.22022201

short term down The short-term trend has been DOWN since Jan 13th, 2022 at 0.21911517

Smart Scan Analysis for MYRCHF

Based on our trend formula, MYRCHF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MYRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21819672 0.21824999 0.21772340 0.21805881 -0.00013800
Prev. Close Volume Bid Ask Time
0.21819672 2022-01-14 17:05:36
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