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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Euro/Malaysian Ringt (FOREX:EURMYR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

Open High Low EURMYR Price Change
4.80830 4.81795 4.80090 4.80330 -0.00500
Entry Signal

MarketClub’s Trade Triangles for EURMYR

long term up The long term trend has been UP since Aug 28th, 2018 at 4.79795

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 4.78780

short term up The short term trend has been UP since Oct 10th, 2018 at 4.77890

Smart Scan Analysis for EURMYR

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

Smart Scan Analysis for EURMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.80830 4.81795 4.80090 4.80330 -0.00500
Prev. Close Volume Bid Ask Time
4.80830 4.79980 4.80680 2018-10-16 14:34:05
Want to analyze Euro/Malaysian Ringt EURMYR or another symbol? Try our Free Forex Trend Analysis Report.