Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Malaysian Ringt/Swiss Franc (FOREX:MYRCHF)
Crossroads (+60) - MYRCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jan 23rd, 2023 at 0.21591600
The intermediate-term trend has been DOWN since Feb 13th, 2023 at 0.21252099
The short-term trend has been DOWN since Mar 24th, 2023 at 0.20653101
Smart Scan Analysis for MYRCHF
Based on our trend formula, MYRCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).