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Forex Trend Analysis Report
Prepared for you on Wednesday, July 30, 2025.
Malaysian Ringt/New Taiwan Dollar (FOREX:MYRTWD)
Crossroads (+60) - MYRTWD 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 MYRTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRTWD.
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 MYRTWD
The long-term trend has been DOWN since May 2nd, 2025 at 7.219640
The intermediate-term trend has been UP since Jul 27th, 2025 at 6.990169
The short-term trend has been UP since Jul 24th, 2025 at 6.966474
Smart Scan Analysis for MYRTWD
Based on our trend formula, MYRTWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.014404 | 7.046250 | 6.990275 | 7.002770 | -0.011634 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.014404 | 2025-07-30 20:03:59 |