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Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

Malaysian Ringt/New Taiwan Dollar (FOREX:MYRTWD)

Weak Downtrend (-65) - MYRTWD is showing signs of a strengthening downtrend. Monitor MYRTWD as it may be building momentum to the downside.

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.

FOREX_MYRTWD
Open High Low MYRTWD Price Change
7.036565 7.052038 7.013274 7.029249 -0.007316
Entry Signal

MarketClub’s Trade Triangles for MYRTWD

long term down The long-term trend has been DOWN since May 2nd, 2025 at 7.219640

intermediate term up The intermediate-term trend has been UP since May 26th, 2025 at 7.252367

short term down The short-term trend has been DOWN since May 27th, 2025 at 7.031950

Smart Scan Analysis for MYRTWD

Based on our trend formula, MYRTWD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MYRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.036565 7.052038 7.013274 7.029249 -0.007316
Prev. Close Volume Bid Ask Time
7.036565 2025-05-30 17:02:30
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