Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, August 29, 2025.
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 Aug 4th, 2025 at 0.40065216
The intermediate-term trend has been UP since Jul 15th, 2025 at 0.39571194
The short-term trend has been DOWN since Aug 24th, 2025 at 0.40488773
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 |
|---|---|---|---|---|
| 0.40266347 | 0.40271250 | 0.40118959 | 0.40155236 | -0.00111100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.40266347 | 2025-08-29 21:03:55 |