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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Malaysian Ringt/Danish Krone (FOREX:MYRDKK)

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_MYRDKK
Open High Low MYRDKK Price Change
1.56615 1.56665 1.56465 1.56535 -0.00080
Entry Signal

MarketClub’s Trade Triangles for MYRDKK

long term up The long term trend has been UP since Dec 4th, 2018 at 1.58965

intermediate term up The intermediate term trend has been UP since Dec 4th, 2018 at 1.58965

short term down The short term trend has been DOWN since Dec 6th, 2018 at 1.57205

Smart Scan Analysis for MYRDKK

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

+55
Smart Scan Analysis for MYRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.56615 1.56665 1.56465 1.56535 -0.00080
Prev. Close Volume Bid Ask Time
1.56615 1.56440 1.56630 2018-12-10 03:38:53
Want to analyze Malaysian Ringt/Danish Krone MYRDKK or another symbol? Try our Free Forex Trend Analysis Report.