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Forex Trend Analysis Report
Prepared for you on Thursday, April 17, 2025.
Malaysian Ringt/Canadian Dollar (FOREX:MYRCAD)
Bear Market Rally (-75) - MYRCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MYRCAD as it may be in the beginning of a reversal.
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 DOWN since Apr 3rd, 2025 at 0.31686965
The intermediate-term trend has been DOWN since Mar 24th, 2025 at 0.32176022
The short-term trend has been UP since Apr 11th, 2025 at 0.32079758
Smart Scan Analysis for MYRCAD
Based on our trend formula, MYRCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.31572314 | 0.31603221 | 0.31368931 | 0.31440460 | -0.00131900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.31572314 | 2025-04-17 15:12:57 |