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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Malaysian Ringt/South Korean Won (FOREX:MYRKRW)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_MYRKRW
Open High Low MYRKRW Price Change
270.89 271.47 270.35 271.26 +0.37
Entry Signal

MarketClub’s Trade Triangles for MYRKRW

long term up The long term trend has been UP since Jun 19th, 2018 at 278.075

intermediate term down The intermediate term trend has been DOWN since Jul 26th, 2018 at 274.705

short term up The short term trend has been UP since Sep 17th, 2018 at 272.265

Smart Scan Analysis for MYRKRW

Based on a pre-defined weighted trend formula for chart analysis, MYRKRW scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for MYRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
270.89 271.47 270.35 271.26 +0.37
Prev. Close Volume Bid Ask Time
270.89 270.95 271.57 2018-09-19 20:04:44
Want to analyze Malaysian Ringt/South Korean Won MYRKRW or another symbol? Try our Free Forex Trend Analysis Report.