Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, May 22, 2017.

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
0.385795 0.386225 0.384925 0.385750 -0.000045
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term down The long term trend has been DOWN since May 4th, 2017 at 0.38048

intermediate term down The intermediate term trend has been DOWN since Apr 9th, 2017 at 0.38987

short term down The short term trend has been DOWN since May 18th, 2017 at 0.38497

Smart Scan Analysis for KRWMYR

Based on a pre-defined weighted trend formula for chart analysis, KRWMYR scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.385795 0.386225 0.384925 0.385750 -0.000045
Prev. Close Volume Bid Ask Time
0.385795 0.385530 0.385970 2017-05-22 21:04:23
Want to analyze South Korean Won/Malaysian Ringt KRWMYR or another symbol? Try our Free Forex Trend Analysis Report.