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Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
Malaysian Ringt/Canadian Dollar (FOREX:MYRCAD)
Long-Term Uptrend (+90) - MYRCAD is in a strong uptrend that is likely to continue. While MYRCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MYRCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRCAD.
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 MYRCAD
The long-term trend has been UP since Nov 28th, 2022 at 0.29998534
The intermediate-term trend has been UP since Mar 10th, 2023 at 0.30844481
The short-term trend has been UP since Mar 17th, 2023 at 0.30779433
Smart Scan Analysis for MYRCAD
Based on our trend formula, MYRCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.31170966 | 0.31170966 | 0.31170966 | 0.31170966 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.31170966 | 2023-03-25 06:27:03 |