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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.

FOREX_MYRCHF
Open High Low MYRCHF Price Change
0.20788881 0.20971671 0.20782782 0.20958231 +0.00169300
Entry Signal

MarketClub’s Trade Triangles for MYRCHF

long term up The long-term trend has been UP since Jan 23rd, 2023 at 0.21591600

intermediate term down The intermediate-term trend has been DOWN since Feb 13th, 2023 at 0.21252099

short term down 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).

+60
Smart Scan Analysis for MYRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20788881 0.20971671 0.20782782 0.20958231 +0.00169300
Prev. Close Volume Bid Ask Time
0.20788881 2023-03-28 23:53:04
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