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Forex Trend Analysis Report
Prepared for you on Saturday, July 5, 2025.
Chinese Yuan Renminbi/Malaysian Ringt (FOREX:CNYMYR)
Countertrend Down (-85) - CNYMYR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for CNYMYR
The long-term trend has been DOWN since Mar 27th, 2025 at 0.60174347
The intermediate-term trend has been DOWN since Jun 30th, 2025 at 0.58591310
The short-term trend has been UP since Jul 3rd, 2025 at 0.59020969
Smart Scan Analysis for CNYMYR
Based on our trend formula, CNYMYR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.58937394 | 0.58937394 | 0.58937394 | 0.58937394 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.58937394 | 2025-07-05 20:14:19 |