Free Daily Analysis

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.

FOREX_MYRCHF
Open High Low MYRCHF Price Change
0.18857336 0.18865840 0.18788365 0.18789639 -0.00067700
Entry Signal

MarketClub’s Trade Triangles for MYRCHF

long term down The long-term trend has been DOWN since Oct 18th, 2023 at 0.18773840

intermediate term down The intermediate-term trend has been DOWN since Nov 22nd, 2023 at 0.18865344

short term down 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).

-100
Smart Scan Analysis for MYRCHF
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Malaysian Ringt/Swiss Franc (MYRCHF) - Request Your Free Report.