Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, November 2, 2025.

New Zealand Dollar/Malaysian Ringt (FOREX:NZDMYR)

Long-Term Downtrend (-90) - NZDMYR is in a strong downtrend that is likely to continue. While NZDMYR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
2.4000618 2.4032384 2.4000618 2.4030124 +0.0029510
Entry Signal

MarketClub’s Trade Triangles for NZDMYR

long term down The long-term trend has been DOWN since Aug 4th, 2025 at 2.5033470

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2025 at 2.4664810

short term down The short-term trend has been DOWN since Oct 27th, 2025 at 2.4271656

Smart Scan Analysis for NZDMYR

Based on our trend formula, NZDMYR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NZDMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4000618 2.4032384 2.4000618 2.4030124 +0.0029510
Prev. Close Volume Bid Ask Time
2.4000618 2025-11-02 23:22:52
Get a free daily analysis and signals for New Zealand Dollar/Malaysian Ringt (NZDMYR) - Request Your Free Report.