Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

South Korean Won/Malaysian Ringt (FOREX:KRWMYR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_KRWMYR
Open High Low KRWMYR Price Change
0.361850 0.362490 0.360475 0.362490 +0.000640
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term down The long term trend has been DOWN since Jun 19th, 2018 at 0.359955

intermediate term down The intermediate term trend has been DOWN since Jun 14th, 2018 at 0.366010

short term up The short term trend has been UP since Jun 20th, 2018 at 0.362665

Smart Scan Analysis for KRWMYR

Based on a pre-defined weighted trend formula for chart analysis, KRWMYR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.361850 0.362490 0.360475 0.362490 +0.000640
Prev. Close Volume Bid Ask Time
0.361850 0.362290 0.362690 2018-06-21 10:24:53
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