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Forex Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

Malaysian Ringt/Swiss Franc (FOREX:MYRCHF)

Strong Downtrend (-100) - MYRCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MYRCHF continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_MYRCHF
Open High Low MYRCHF Price Change
0.21695266 0.21730872 0.21654405 0.21684434 -0.00010800
Entry Signal

MarketClub’s Trade Triangles for MYRCHF

long term down The long-term trend has been DOWN since Jun 24th, 2022 at 0.21681605

intermediate term down The intermediate-term trend has been DOWN since Jun 24th, 2022 at 0.21753060

short term down The short-term trend has been DOWN since Jun 16th, 2022 at 0.22221865

Smart Scan Analysis for MYRCHF

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

-100
Smart Scan Analysis for MYRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21695266 0.21730872 0.21654405 0.21684434 -0.00010800
Prev. Close Volume Bid Ask Time
0.21695266 2022-06-28 04:59:28
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