Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

Malaysian Ringt/British Pound (FOREX:MYRGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_MYRGBP
Open High Low MYRGBP Price Change
0.186095 0.186410 0.185515 0.186295 +0.000200
Entry Signal

MarketClub’s Trade Triangles for MYRGBP

long term down The long term trend has been DOWN since Sep 10th, 2018 at 0.185085

intermediate term down The intermediate term trend has been DOWN since Nov 7th, 2018 at 0.182055

short term up The short term trend has been UP since Nov 15th, 2018 at 0.186170

Smart Scan Analysis for MYRGBP

Based on a pre-defined weighted trend formula for chart analysis, MYRGBP scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for MYRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.186095 0.186410 0.185515 0.186295 +0.000200
Prev. Close Volume Bid Ask Time
0.186095 0.186280 0.186310 2018-11-20 20:39:38
Want to analyze Malaysian Ringt/British Pound MYRGBP or another symbol? Try our Free Forex Trend Analysis Report.