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Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

New Zealand Dollar/Malaysian Ringt (FOREX:NZDMYR)

Weak Downtrend (-65) - NZDMYR is showing signs of a strengthening downtrend. Monitor NZDMYR as it may be building momentum to the downside.

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.

FOREX_NZDMYR
Open High Low NZDMYR Price Change
2.5309205 2.5380802 2.5290374 2.5327781 +0.0018580
Entry Signal

MarketClub’s Trade Triangles for NZDMYR

long term up The long-term trend has been UP since Apr 13th, 2025 at 2.5878235

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2025 at 2.5294107

short term down The short-term trend has been DOWN since May 28th, 2025 at 2.5148369

Smart Scan Analysis for NZDMYR

Based on our trend formula, NZDMYR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NZDMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5309205 2.5380802 2.5290374 2.5327781 +0.0018580
Prev. Close Volume Bid Ask Time
2.5309205 2025-05-30 05:42:53
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