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Forex Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

Indonesian Rupiah/Malaysian Ringt (FOREX:IDRMYR)

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_IDRMYR
Open High Low IDRMYR Price Change
0.031610 0.031630 0.031545 0.031550 -0.000060
Entry Signal

MarketClub’s Trade Triangles for IDRMYR

long term up The long term trend has been UP since Aug 24th, 2017 at 0.03267

intermediate term down The intermediate term trend has been DOWN since Aug 28th, 2017 at 0.03199

short term down The short term trend has been DOWN since Sep 13th, 2017 at 0.03177

Smart Scan Analysis for IDRMYR

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

-70
Smart Scan Analysis for IDRMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.031610 0.031630 0.031545 0.031550 -0.000060
Prev. Close Volume Bid Ask Time
0.031610 0.031530 0.031570 2017-09-20 07:14:38
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