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Forex Trend Analysis Report

Prepared for you on Sunday, November 19, 2017.

Malaysian Ringt/Swiss Franc (FOREX:MYRCHF)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.238355 0.238995 0.237770 0.237850 -0.000505
Entry Signal

MarketClub’s Trade Triangles for MYRCHF

long term up The long term trend has been UP since Sep 12th, 2017 at 0.228645

intermediate term up The intermediate term trend has been UP since Sep 11th, 2017 at 0.226960

short term up The short term trend has been UP since Nov 17th, 2017 at 0.238700

Smart Scan Analysis for MYRCHF

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

+100
Smart Scan Analysis for MYRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.238355 0.238995 0.237770 0.237850 -0.000505
Prev. Close Volume Bid Ask Time
0.237600 0.237820 0.237880 2017-11-17 18:39:58
Want to analyze Malaysian Ringt/Swiss Franc MYRCHF or another symbol? Try our Free Forex Trend Analysis Report.