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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Malaysian Ringt/Euro (FOREX:MYREUR)

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_MYREUR
Open High Low MYREUR Price Change
0.211225 0.211285 0.211225 0.211285 +0.000060
Entry Signal

MarketClub’s Trade Triangles for MYREUR

long term up The long term trend has been UP since Dec 4th, 2018 at 0.213080

intermediate term up The intermediate term trend has been UP since Dec 4th, 2018 at 0.213080

short term up The short term trend has been UP since Dec 14th, 2018 at 0.211305

Smart Scan Analysis for MYREUR

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

+100
Smart Scan Analysis for MYREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.211225 0.211285 0.211225 0.211285 +0.000060
Prev. Close Volume Bid Ask Time
0.211225 0.211160 0.211410 2018-12-15 08:34:18
Want to analyze Malaysian Ringt/Euro MYREUR or another symbol? Try our Free Forex Trend Analysis Report.