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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Malaysian Ringt/New Zealand Dollar (FOREX:MYRNZD)
Strong Uptrend (+100) - MYRNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRNZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Mar 27th, 2024 at 0.35083771
The intermediate-term trend has been UP since Jun 26th, 2024 at 0.34934198
The short-term trend has been UP since Jul 9th, 2024 at 0.34751381
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 |
|---|---|---|---|---|
| 0.36439571 | 0.36481353 | 0.36363309 | 0.36465590 | +0.00026000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.36439571 | 2024-07-26 20:40:27 |