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Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Malaysian Ringt/Indian Rupee (FOREX:MYRINR)

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_MYRINR
Open High Low MYRINR Price Change
17.1300 17.1465 17.0095 17.0110 -0.1190
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 May 14th, 2018 at 17.1105

short term down The short term trend has been DOWN since May 23rd, 2018 at 17.0610

Smart Scan Analysis for MYRINR

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

+55
Smart Scan Analysis for MYRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.1300 17.1465 17.0095 17.0110 -0.1190
Prev. Close Volume Bid Ask Time
17.1300 16.9940 17.0280 2018-05-25 18:38:00
Want to analyze Malaysian Ringt/Indian Rupee MYRINR or another symbol? Try our Free Forex Trend Analysis Report.