Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
New Zealand Dollar/Malaysian Ringt (FOREX:NZDMYR)
Crossroads (+60) - NZDMYR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NZDMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDMYR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NZDMYR
The long-term trend has been DOWN since Dec 4th, 2024 at 2.5870117
The intermediate-term trend has been UP since Feb 16th, 2025 at 2.5338341
The short-term trend has been UP since Feb 20th, 2025 at 2.5449213
Smart Scan Analysis for NZDMYR
Based on our trend formula, NZDMYR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5447037 | 2.5447037 | 2.5364960 | 2.5364960 | -0.0082080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5447037 | 2025-02-21 15:25:07 |