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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Malaysian Ringt/New Zealand Dollar (FOREX:MYRNZD)
Strong Downtrend (-100) - MYRNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MYRNZD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MYRNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRNZD.
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 MYRNZD
The long-term trend has been DOWN since Nov 4th, 2024 at 0.36405314
The intermediate-term trend has been DOWN since Feb 14th, 2025 at 0.39128612
The short-term trend has been DOWN since Feb 19th, 2025 at 0.39274386
Smart Scan Analysis for MYRNZD
Based on our trend formula, MYRNZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.39407262 | 0.39407262 | 0.39407262 | 0.39407262 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.39407262 | 2025-02-22 03:10:01 |