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Forex Trend Analysis Report
Prepared for you on Sunday, February 1, 2026.
Malaysian Ringt/Chinese Yuan Renminbi Offshore (FOREX:MYRCNH)
Long-Term Uptrend (+90) - MYRCNH is in a strong uptrend that is likely to continue. While MYRCNH is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MYRCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRCNH.
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 MYRCNH
The long-term trend has been UP since Apr 21st, 2025 at 1.6632618
The intermediate-term trend has been UP since Jan 22nd, 2026 at 1.7308145
The short-term trend has been UP since Jan 21st, 2026 at 1.7184233
Smart Scan Analysis for MYRCNH
Based on our trend formula, MYRCNH is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.7647902 | 1.7647902 | 1.7645111 | 1.7645111 | -0.0002790 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.7647902 | 2026-02-01 10:39:17 |