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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

South Korean Won/Malaysian Ringt (FOREX:KRWMYR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.366395 0.366395 0.366395 0.366395 0.000000
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term down The long term trend has been DOWN since Jun 19th, 2018 at 0.359955

intermediate term up The intermediate term trend has been UP since Jul 27th, 2018 at 0.363825

short term up The short term trend has been UP since Aug 14th, 2018 at 0.362785

Smart Scan Analysis for KRWMYR

Based on a pre-defined weighted trend formula for chart analysis, KRWMYR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.366395 0.366395 0.366395 0.366395 0.000000
Prev. Close Volume Bid Ask Time
0.366395 0.366170 0.366620 2018-08-19 17:21:08
Want to analyze South Korean Won/Malaysian Ringt KRWMYR or another symbol? Try our Free Forex Trend Analysis Report.