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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

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.

FOREX_MYRINR
Open High Low MYRINR Price Change
15.5490 15.6595 15.5480 15.6420 +0.0930
Entry Signal

MarketClub’s Trade Triangles for MYRINR

long term up The long term trend has been UP since Jun 7th, 2017 at 15.1585

intermediate term up The intermediate term trend has been UP since Nov 9th, 2017 at 15.4850

short term up The short term trend has been UP since Nov 7th, 2017 at 15.3005

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).

+90
Smart Scan Analysis for MYRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.5490 15.6595 15.5480 15.6420 +0.0930
Prev. Close Volume Bid Ask Time
15.6215 15.6260 15.6580 2017-11-17 16:19:36
Want to analyze Malaysian Ringt/Indian Rupee MYRINR or another symbol? Try our Free Forex Trend Analysis Report.