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Forex Trend Analysis Report

Prepared for you on Thursday, July 10, 2025.

Malaysian Ringt/Chinese Yuan Renminbi (FOREX:MYRCNY)

Bear Market Rally (-75) - MYRCNY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MYRCNY as it may be in the beginning of a reversal.

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

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

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

FOREX_MYRCNY
Open High Low MYRCNY Price Change
1.6884774 1.6892719 1.6880804 1.6882789 -0.0001980
Entry Signal

MarketClub’s Trade Triangles for MYRCNY

long term down The long-term trend has been DOWN since Apr 14th, 2025 at 1.5976693

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2025 at 1.7063931

short term down The short-term trend has been DOWN since Jul 7th, 2025 at 1.6911494

Smart Scan Analysis for MYRCNY

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

-75
Smart Scan Analysis for MYRCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6884774 1.6892719 1.6880804 1.6882789 -0.0001980
Prev. Close Volume Bid Ask Time
1.6884774 2025-07-10 03:56:14
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