Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Malaysian Ringt/New Zealand Dollar (FOREX:MYRNZD)
Bull Market Weakness (+75) - MYRNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MYRNZD as it may be in the beginning stages of a reversal.
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 Apr 16th, 2024 at 0.35653654
The short-term trend has been DOWN since Apr 17th, 2024 at 0.35171311
Smart Scan Analysis for MYRNZD
Based on our trend formula, MYRNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.35576658 | 0.35576658 | 0.35535814 | 0.35546165 | -0.00030500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.35576658 | 2024-04-19 01:52:13 |