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Forex Trend Analysis Report
Prepared for you on Wednesday, September 17, 2025.
Malaysian Ringt/South African Rand (FOREX:MYRZAR)
Countertrend Down (-85) - MYRZAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Sep 11th, 2025 at 4.1329396
The intermediate-term trend has been DOWN since Aug 22nd, 2025 at 4.1561653
The short-term trend has been UP since Sep 16th, 2025 at 4.1443713
Smart Scan Analysis for MYRZAR
Based on our trend formula, MYRZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.1691381 | 4.1763904 | 4.1377646 | 4.1454790 | -0.0236590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.1691381 | 2025-09-17 23:49:53 |