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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

South Korean Won/Malaysian Ringt (FOREX:KRWMYR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
0.367275 0.367275 0.367275 0.367275 0.000000
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 down The intermediate term trend has been DOWN since Oct 8th, 2018 at 0.365370

short term down The short term trend has been DOWN since Oct 18th, 2018 at 0.365720

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
0.367275 0.367275 0.367275 0.367275 0.000000
Prev. Close Volume Bid Ask Time
0.367275 0.367050 0.367500 2018-10-20 08:54:15
Want to analyze South Korean Won/Malaysian Ringt KRWMYR or another symbol? Try our Free Forex Trend Analysis Report.