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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Japanese Yen/Malaysian Ringt (FOREX:JPYMYR)

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_JPYMYR
Open High Low JPYMYR Price Change
0.036893 0.036893 0.036893 0.036893 0.000000
Entry Signal

MarketClub’s Trade Triangles for JPYMYR

long term up The long term trend has been UP since Mar 1st, 2018 at 0.036850

intermediate term down The intermediate term trend has been DOWN since Nov 6th, 2018 at 0.036739

short term down The short term trend has been DOWN since Dec 13th, 2018 at 0.036819

Smart Scan Analysis for JPYMYR

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

-70
Smart Scan Analysis for JPYMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.036893 0.036893 0.036893 0.036893 0.000000
Prev. Close Volume Bid Ask Time
0.036893 0.036871 0.036915 2018-12-15 15:13:04
Want to analyze Japanese Yen/Malaysian Ringt JPYMYR or another symbol? Try our Free Forex Trend Analysis Report.