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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Malaysian Ringt/Swiss Franc (FOREX:MYRCHF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

FOREX_MYRCHF
Open High Low MYRCHF Price Change
0.238165 0.238490 0.237060 0.237160 -0.001005
Entry Signal

MarketClub’s Trade Triangles for MYRCHF

long term up The long term trend has been UP since Dec 4th, 2018 at 0.241655

intermediate term up The intermediate term trend has been UP since Dec 4th, 2018 at 0.241535

short term down The short term trend has been DOWN since Dec 6th, 2018 at 0.237990

Smart Scan Analysis for MYRCHF

Based on a pre-defined weighted trend formula for chart analysis, MYRCHF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for MYRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.238165 0.238490 0.237060 0.237160 -0.001005
Prev. Close Volume Bid Ask Time
0.238165 0.237130 0.237190 2018-12-10 08:56:25
Want to analyze Malaysian Ringt/Swiss Franc MYRCHF or another symbol? Try our Free Forex Trend Analysis Report.