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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Malaysian Ringt/British Pound (FOREX:MYRGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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
0.18405 0.18433 0.18351 0.18371 -0.00034
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 Aug 29th, 2018 at 0.187800

short term down The short term trend has been DOWN since Sep 5th, 2018 at 0.187130

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
0.18405 0.18433 0.18351 0.18371 -0.00034
Prev. Close Volume Bid Ask Time
0.18405 0.18370 0.18372 2018-09-18 13:20:45
Want to analyze Malaysian Ringt/British Pound MYRGBP or another symbol? Try our Free Forex Trend Analysis Report.