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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Swiss Franc/Malaysian Ringt (FOREX:CHFMYR)
Weak Uptrend (+65) - CHFMYR is showing signs of weakening momentum to the upside. Monitor CHFMYR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CHFMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFMYR.
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 CHFMYR
The long-term trend has been UP since Mar 1st, 2023 at 4.8011219
The intermediate-term trend has been UP since Feb 12th, 2023 at 4.7023221
The short-term trend has been DOWN since Mar 15th, 2023 at 4.8873984
Smart Scan Analysis for CHFMYR
Based on our trend formula, CHFMYR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.8143986 | 4.8203802 | 4.8143986 | 4.8203802 | +0.0059820 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.8143986 | 2023-03-21 05:08:07 |