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Forex Trend Analysis Report

Prepared for you on Wednesday, January 24, 2018.

Malaysian Ringt/Swiss Franc (FOREX:MYRCHF)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_MYRCHF
Open High Low MYRCHF Price Change
0.244925 0.245025 0.243170 0.243245 -0.001680
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 Jan 19th, 2018 at 0.244165

Smart Scan Analysis for MYRCHF

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

+70
Smart Scan Analysis for MYRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.244925 0.245025 0.243170 0.243245 -0.001680
Prev. Close Volume Bid Ask Time
0.244925 0.243240 0.243250 2018-01-24 04:56:39
Want to analyze Malaysian Ringt/Swiss Franc MYRCHF or another symbol? Try our Free Forex Trend Analysis Report.