Forex Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
Malaysian Ringt/Indian Rupee (FOREX:MYRINR)
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.
MarketClub’s Trade Triangles for MYRINR
The long term trend has been UP since Jun 7th, 2017 at 15.1585
The intermediate term trend has been UP since Nov 9th, 2017 at 15.4850
The short term trend has been UP since Jan 4th, 2018 at 15.8490
Smart Scan Analysis for MYRINR
Based on a pre-defined weighted trend formula for chart analysis, MYRINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).