Forex Trend Analysis Report
Prepared for you on Sunday, March 26, 2017.
South Korean Won/Malaysian Ringt (FOREX:KRWMYR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Jun 2nd, 2016 at 0.350460
The intermediate term trend has been UP since Mar 16th, 2017 at 0.394825
The short term trend has been UP since Mar 13th, 2017 at 0.388235
Smart Scan Analysis for KRWMYR
Based on a pre-defined weighted trend formula for chart analysis, KRWMYR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).