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Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Indonesian Rupiah/Malaysian Ringt (FOREX:IDRMYR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.02833 0.02833 0.02833 0.02833 0.00000
Entry Signal

MarketClub’s Trade Triangles for IDRMYR

long term down The long term trend has been DOWN since Mar 27th, 2018 at 0.028260

intermediate term up The intermediate term trend has been UP since May 8th, 2018 at 0.028360

short term up The short term trend has been UP since May 22nd, 2018 at 0.028175

Smart Scan Analysis for IDRMYR

Based on a pre-defined weighted trend formula for chart analysis, IDRMYR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for IDRMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02833 0.02833 0.02833 0.02833 0.00000
Prev. Close Volume Bid Ask Time
0.02833 0.02831 0.02835 2018-05-27 07:32:42
Want to analyze Indonesian Rupiah/Malaysian Ringt IDRMYR or another symbol? Try our Free Forex Trend Analysis Report.