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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Malaysian Ringt/Hong Kong Dollar (FOREX:MYRHKD)

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_MYRHKD
Open High Low MYRHKD Price Change
1.90655 1.90665 1.89685 1.89785 -0.00870
Entry Signal

MarketClub’s Trade Triangles for MYRHKD

long term up The long term trend has been UP since Jan 7th, 2019 at 1.90475

intermediate term up The intermediate term trend has been UP since Dec 27th, 2018 at 1.89070

short term down The short term trend has been DOWN since Jan 14th, 2019 at 1.90265

Smart Scan Analysis for MYRHKD

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

+55
Smart Scan Analysis for MYRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.90655 1.90665 1.89685 1.89785 -0.00870
Prev. Close Volume Bid Ask Time
1.90655 1.89770 1.89800 2019-01-22 05:34:08
Want to analyze Malaysian Ringt/Hong Kong Dollar MYRHKD or another symbol? Try our Free Forex Trend Analysis Report.