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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Canadian Dollar/Malaysian Ringt (FOREX:CADMYR)
Weak Downtrend (-65) - CADMYR is showing signs of a strengthening downtrend. Monitor CADMYR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADMYR.
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 CADMYR
The long-term trend has been DOWN since Apr 17th, 2024 at 3.4479143
The intermediate-term trend has been DOWN since Jul 11th, 2024 at 3.4240693
The short-term trend has been UP since Oct 22nd, 2024 at 3.1288106
Smart Scan Analysis for CADMYR
Based on our trend formula, CADMYR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.1386814 | 3.1395055 | 3.1324214 | 3.1341511 | -0.0045300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.1386814 | 2024-10-25 05:55:42 |