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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Malaysian Ringt/Swiss Franc (FOREX:MYRCHF)

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

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
0.19421002 0.19466037 0.19419044 0.19433103 +0.00012100
Entry Signal

MarketClub’s Trade Triangles for MYRCHF

long term up The long-term trend has been UP since May 1st, 2024 at 0.19231820

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 0.19204940

short term down The short-term trend has been DOWN since May 23rd, 2024 at 0.19365713

Smart Scan Analysis for MYRCHF

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

+75
Smart Scan Analysis for MYRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19421002 0.19466037 0.19419044 0.19433103 +0.00012100
Prev. Close Volume Bid Ask Time
0.19421002 2024-05-27 14:37:34
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