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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Canadian Dollar/Malaysian Ringt (FOREX:CADMYR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CADMYR
Open High Low CADMYR Price Change
3.10225 3.10225 3.10225 3.10225 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADMYR

long term down The long term trend has been DOWN since Dec 4th, 2018 at 3.12740

intermediate term down The intermediate term trend has been DOWN since Nov 7th, 2018 at 3.16650

short term up The short term trend has been UP since Jan 16th, 2019 at 3.10255

Smart Scan Analysis for CADMYR

Based on a pre-defined weighted trend formula for chart analysis, CADMYR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CADMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.10225 3.10225 3.10225 3.10225 0.00000
Prev. Close Volume Bid Ask Time
3.10225 3.10040 3.10410 2019-01-20 02:21:42
Want to analyze Canadian Dollar/Malaysian Ringt CADMYR or another symbol? Try our Free Forex Trend Analysis Report.