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Forex Trend Analysis Report
Prepared for you on Tuesday, July 1, 2025.
Malaysian Ringt/South African Rand (FOREX:MYRZAR)
Sidelines Mode (-55) - MYRZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Jun 25th, 2025 at 4.1703742
The short-term trend has been UP since Jun 27th, 2025 at 4.2225663
Smart Scan Analysis for MYRZAR
Based on our trend formula, MYRZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2225803 | 4.2237548 | 4.1873947 | 4.1891121 | -0.0334680 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2225803 | 2025-07-01 14:51:55 |