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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Malaysian Ringt/New Zealand Dollar (FOREX:MYRNZD)
Long-Term Uptrend (+90) - MYRNZD is in a strong uptrend that is likely to continue. While MYRNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MYRNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRNZD.
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 MYRNZD
The long-term trend has been UP since Mar 27th, 2024 at 0.35083771
The intermediate-term trend has been UP since Sep 13th, 2024 at 0.37711453
The short-term trend has been UP since Oct 25th, 2024 at 0.38475773
Smart Scan Analysis for MYRNZD
Based on our trend formula, MYRNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38545837 | 0.38545837 | 0.38545837 | 0.38545837 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38545837 | 2024-10-26 04:48:57 |