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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Swiss Franc/Malaysian Ringt (FOREX:CHFMYR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_CHFMYR
Open High Low CHFMYR Price Change
4.1930 4.1930 4.1930 4.1930 0.0000
Entry Signal

MarketClub’s Trade Triangles for CHFMYR

long term up The long term trend has been UP since Jul 3rd, 2018 at 4.08205

intermediate term up The intermediate term trend has been UP since Dec 11th, 2018 at 4.23365

short term down The short term trend has been DOWN since Dec 14th, 2018 at 4.19925

Smart Scan Analysis for CHFMYR

Based on a pre-defined weighted trend formula for chart analysis, CHFMYR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CHFMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1930 4.1930 4.1930 4.1930 0.0000
Prev. Close Volume Bid Ask Time
4.1930 4.1905 4.1955 2018-12-16 03:30:11
Want to analyze Swiss Franc/Malaysian Ringt CHFMYR or another symbol? Try our Free Forex Trend Analysis Report.