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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Malaysian Ringt/South Korean Won (FOREX:MYRKRW)

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.

Open High Low MYRKRW Price Change
265.960 266.830 265.520 265.915 -0.045
Entry Signal

MarketClub’s Trade Triangles for MYRKRW

long term up The long term trend has been UP since May 4th, 2017 at 262.645

intermediate term up The intermediate term trend has been UP since Dec 6th, 2017 at 268.025

short term down The short term trend has been DOWN since Dec 13th, 2017 at 266.600

Smart Scan Analysis for MYRKRW

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

Smart Scan Analysis for MYRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
265.960 266.830 265.520 265.915 -0.045
Prev. Close Volume Bid Ask Time
265.960 265.600 266.230 2017-12-15 22:29:09
Want to analyze Malaysian Ringt/South Korean Won MYRKRW or another symbol? Try our Free Forex Trend Analysis Report.