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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Malaysian Ringt/South African Rand (FOREX:MYRZAR)
Long-Term Uptrend (+90) - MYRZAR is in a strong uptrend that is likely to continue. While MYRZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MYRZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRZAR.
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 MYRZAR
The long-term trend has been UP since Dec 26th, 2024 at 4.1931242
The intermediate-term trend has been UP since Mar 30th, 2025 at 4.1805166
The short-term trend has been UP since Mar 30th, 2025 at 4.1805166
Smart Scan Analysis for MYRZAR
Based on our trend formula, MYRZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.1793580 | 4.1794543 | 4.1038788 | 4.1319775 | -0.0473810 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.1793580 | 2025-03-31 17:05:04 |