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Forex Trend Analysis Report

Prepared for you on Friday, June 13, 2025.

Malaysian Ringt/New Taiwan Dollar (FOREX:MYRTWD)

Strong Downtrend (-100) - MYRTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MYRTWD continues to fall. Traders should use caution and set stops.

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
6.967683 6.981272 6.948612 6.961088 -0.006595
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 down The intermediate-term trend has been DOWN since Jun 12th, 2025 at 6.976971

short term down The short-term trend has been DOWN since Jun 9th, 2025 at 7.030382

Smart Scan Analysis for MYRTWD

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

-100
Smart Scan Analysis for MYRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.967683 6.981272 6.948612 6.961088 -0.006595
Prev. Close Volume Bid Ask Time
6.967683 2025-06-13 13:07:57
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