Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
South Korean Won/Malaysian Ringt (FOREX:KRWMYR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for KRWMYR
The long term trend has been UP since Mar 15th, 2018 at 0.382995
The intermediate term trend has been UP since Mar 6th, 2018 at 0.366385
The short term trend has been DOWN since Mar 21st, 2018 at 0.364765
Smart Scan Analysis for KRWMYR
Based on a pre-defined weighted trend formula for chart analysis, KRWMYR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).