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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
US Dollar/Malaysian Ringt (FOREX:USDMYR)
Bull Market Weakness (+75) - USDMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDMYR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMYR.
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 USDMYR
The long-term trend has been UP since Dec 18th, 2024 at 4.4895
The intermediate-term trend has been DOWN since Jan 21st, 2025 at 4.4506
The short-term trend has been UP since Mar 24th, 2025 at 4.4376
Smart Scan Analysis for USDMYR
Based on our trend formula, USDMYR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.4345 | 4.4345 | 4.4345 | 4.4345 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.4345 | 2025-03-30 20:23:05 |