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Forex Trend Analysis Report

Prepared for you on Saturday, August 23, 2025.

Malaysian Ringt/Chinese Yuan Renminbi Offshore (FOREX:MYRCNH)

Weak Uptrend (+65) - MYRCNH is showing signs of weakening momentum to the upside. Monitor MYRCNH as it may be in the beginning stages of a reversal.

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

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

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

FOREX_MYRCNH
Open High Low MYRCNH Price Change
1.6972093 1.6981674 1.6972093 1.6981674 +0.0009580
Entry Signal

MarketClub’s Trade Triangles for MYRCNH

long term up The long-term trend has been UP since Apr 21st, 2025 at 1.6632618

intermediate term up The intermediate-term trend has been UP since Aug 5th, 2025 at 1.7013685

short term down The short-term trend has been DOWN since Aug 18th, 2025 at 1.6997826

Smart Scan Analysis for MYRCNH

Based on our trend formula, MYRCNH is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MYRCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6972093 1.6981674 1.6972093 1.6981674 +0.0009580
Prev. Close Volume Bid Ask Time
1.6972093 2025-08-23 14:13:29
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