CADMYR NEWS why is Canadian Dollar / Malaysian Ringgit price falling or rising

CADMYR NEWS reasons for why stock price of Canadian Dollar / Malaysian Ringgit is falling or rising

CADMYR Canadian Dollar is falling or rising technical reasons

Technical analysis forecast for Canadian Dollar Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Canadian Dollar CADMYR at this time. Stock is falling and might fall more.

It appears as if Canadian Dollar CADMYR gave a large move recently.

Stock of Canadian Dollar (CADMYR) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Canadian Dollar is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Canadian Dollar stays below 3.1, but if it comes above 3.1, then a intra day buy could be more profitable.
If you take a sell trade below 3.1, then use 3.1 as stoploss and 3.1 as target. However if you take a buy trade in Canadian Dollar, then use 3.1 as stoploss and 3.1 as target.

CADMYR Canadian Dollar is falling or rising NEWS fundamental reasons

Canadian dollar, Mexican peso at one-month low as US tariffs set to take effect The Canadian dollar and Mexican peso reached monthly lows as trade war fears heightened following U.S. President Trump's announcement of 25% tariffs on goods from these countries. Corporate leaders and economists warn of setbacks to the North American econ - NEWS as on 2025-03-04 indiatimes.com

More announcements and NEWS

CADMYR Canadian Dollar / Malaysian Ringgit current price & indicator signals

Moving Averages for Canadian Dollar / Malaysian Ringgit

  • 5Day Average: 3.09
  • 12Day Average: 3.1
  • 20Day Average: 3.11
  • 50Day Average: 3.11
  • 100Day Average: 3.11
  • 150Day Average: 3.15
  • 200Day Average: 3.23

CADMYR Indicators & signals

Indicator MACD (12,26,9)

3.1, 3.11, -0.01
Indicator MACD is in negative zone

Indicator ADX (14)

55.56, 28.57, 100
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CADMYR Canadian Dollar / Malaysian Ringgit are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Thu Mar 2025 3.08340 3.08010 to 3.09610 -0.46% 0 times
05 Wed Mar 2025 3.09780 3.07760 to 3.10070 0.42% 0 times
04 Tue Mar 2025 3.08490 3.07970 to 3.09610 -0.4% 0 times
03 Mon Mar 2025 3.09740 3.07510 to 3.09750 0.75% 0 times
28 Fri Feb 2025 3.07420 3.07420 to 3.09380 -0.13% 0 times
27 Thu Feb 2025 3.07810 3.07770 to 3.09860 -0.37% 0 times
26 Wed Feb 2025 3.08950 3.08400 to 3.09330 0.06% 0 times
25 Tue Feb 2025 3.08780 3.08680 to 3.10290 -0.51% 0 times
24 Mon Feb 2025 3.10370 3.09920 to 3.11200 -0.28% 0 times
21 Fri Feb 2025 3.11240 3.11240 to 3.12750 -0.51% 0 times
20 Thu Feb 2025 3.12850 3.11490 to 3.12850 0.14% 0 times
19 Wed Feb 2025 3.12400 3.12400 to 3.13260 0% 0 times

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CADMYR NEWS why is Canadian Dollar / Malaysian Ringgit price falling or rising

 

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