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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

South Korean Won/Malaysian Ringt (FOREX:KRWMYR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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
0.370775 0.373020 0.370100 0.371940 +0.001165
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term up The long term trend has been UP since Sep 27th, 2018 at 0.373085

intermediate term up The intermediate term trend has been UP since Nov 1st, 2018 at 0.369835

short term up The short term trend has been UP since Dec 12th, 2018 at 0.371620

Smart Scan Analysis for KRWMYR

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

+70
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.370775 0.373020 0.370100 0.371940 +0.001165
Prev. Close Volume Bid Ask Time
0.370775 0.371720 0.372160 2018-12-12 18:27:28
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