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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Euro/Malaysian Ringt (FOREX:EURMYR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_EURMYR
Open High Low EURMYR Price Change
4.66115 4.67170 4.65380 4.66930 +0.00815
Entry Signal

MarketClub’s Trade Triangles for EURMYR

long term down The long term trend has been DOWN since Nov 6th, 2017 at 4.91100

intermediate term up The intermediate term trend has been UP since Jun 12th, 2018 at 4.70995

short term up The short term trend has been UP since Jun 21st, 2018 at 4.65330

Smart Scan Analysis for EURMYR

Based on a pre-defined weighted trend formula for chart analysis, EURMYR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.66115 4.67170 4.65380 4.66930 +0.00815
Prev. Close Volume Bid Ask Time
4.66115 4.66580 4.67280 2018-06-22 14:05:07
Want to analyze Euro/Malaysian Ringt EURMYR or another symbol? Try our Free Forex Trend Analysis Report.