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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

South Korean Won/Malaysian Ringt (FOREX:KRWMYR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.374625 0.374625 0.374625 0.374625 0.000000
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term up The long term trend has been UP since Aug 24th, 2017 at 0.38788

intermediate term down The intermediate term trend has been DOWN since Dec 4th, 2017 at 0.37356

short term up The short term trend has been UP since Dec 13th, 2017 at 0.37486

Smart Scan Analysis for KRWMYR

Based on a pre-defined weighted trend formula for chart analysis, KRWMYR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.374625 0.374625 0.374625 0.374625 0.000000
Prev. Close Volume Bid Ask Time
0.374625 0.374490 0.374760 2017-12-16 13:22:42
Want to analyze South Korean Won/Malaysian Ringt KRWMYR or another symbol? Try our Free Forex Trend Analysis Report.