Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Chinese Yuan Renminbi/Malaysian Ringt (FOREX:CNYMYR)

Bull Market Weakness (+75) - CNYMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNYMYR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNYMYR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYMYR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	CNYMYR Price	Change
0.62622991	0.62643446	0.62573426	0.62633446	+0.00010500
Entry Signal

MarketClub’s Trade Triangles for CNYMYR

The long-term trend has been UP since Jul 1st, 2020 at 0.62156200

The intermediate-term trend has been DOWN since Feb 18th, 2021 at 0.62353576

The short-term trend has been UP since Feb 23rd, 2021 at 0.62595798

Smart Scan Analysis for CNYMYR

Based on our trend formula, CNYMYR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.62622991	0.62643446	0.62573426	0.62633446	+0.00010500
Prev. Close	Volume	Bid	Ask	Time
0.62622991				2021-02-25 16:51:14

Get a free daily analysis and signals for Chinese Yuan Renminbi/Malaysian Ringt (CNYMYR) - Request Your Free Report.