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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)

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_MYRAUD
Open High Low MYRAUD Price Change
0.338855 0.338855 0.338855 0.338855 0.000000
Entry Signal

MarketClub’s Trade Triangles for MYRAUD

long term up The long term trend has been UP since Dec 31st, 2018 at 0.342920

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2019 at 0.336625

short term down The short term trend has been DOWN since Jan 18th, 2019 at 0.337150

Smart Scan Analysis for MYRAUD

Based on a pre-defined weighted trend formula for chart analysis, MYRAUD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MYRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.338855 0.338855 0.338855 0.338855 0.000000
Prev. Close Volume Bid Ask Time
0.338855 0.338810 0.338900 2019-01-19 05:34:29
Want to analyze Malaysian Ringt/Australian Dollar MYRAUD or another symbol? Try our Free Forex Trend Analysis Report.