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Forex Trend Analysis Report

Prepared for you on Monday, July 23, 2018.

Malaysian Ringt/British Pound (FOREX:MYRGBP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_MYRGBP
Open High Low MYRGBP Price Change
0.188745 0.188755 0.188580 0.188630 -0.000115
Entry Signal

MarketClub’s Trade Triangles for MYRGBP

long term up The long term trend has been UP since May 2nd, 2018 at 0.186130

intermediate term up The intermediate term trend has been UP since Jul 19th, 2018 at 0.189615

short term up The short term trend has been UP since Jul 17th, 2018 at 0.188510

Smart Scan Analysis for MYRGBP

Based on a pre-defined weighted trend formula for chart analysis, MYRGBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MYRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.188745 0.188755 0.188580 0.188630 -0.000115
Prev. Close Volume Bid Ask Time
0.188745 0.188620 0.188640 2018-07-23 04:03:36
Want to analyze Malaysian Ringt/British Pound MYRGBP or another symbol? Try our Free Forex Trend Analysis Report.