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Forex Trend Analysis Report

Prepared for you on Monday, April 24, 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.

Open High Low KRWMYR Price Change
0.38809 0.39006 0.38628 0.38722 -0.00087
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term up The long term trend has been UP since Jun 2nd, 2016 at 0.35046

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

short term up The short term trend has been UP since Apr 21st, 2017 at 0.38786

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).

Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38809 0.39006 0.38628 0.38722 -0.00087
Prev. Close Volume Bid Ask Time
0.38809 0.38700 0.38744 2017-04-24 16:58:43
Want to analyze South Korean Won/Malaysian Ringt KRWMYR or another symbol? Try our Free Forex Trend Analysis Report.