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Forex Trend Analysis Report

Prepared for you on Sunday, April 30, 2017.

Malaysian Ringt/South Korean Won (FOREX:MYRKRW)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
261.085 261.085 261.085 261.085 0.000
Entry Signal

MarketClub’s Trade Triangles for MYRKRW

long term down The long term trend has been DOWN since Jun 7th, 2016 at 283.295

intermediate term up The intermediate term trend has been UP since Apr 10th, 2017 at 256.340

short term up The short term trend has been UP since Apr 25th, 2017 at 258.975

Smart Scan Analysis for MYRKRW

Based on a pre-defined weighted trend formula for chart analysis, MYRKRW scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MYRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
261.085 261.085 261.085 261.085 0.000
Prev. Close Volume Bid Ask Time
261.085 260.770 261.400 2017-04-30 04:53:00
Want to analyze Malaysian Ringt/South Korean Won MYRKRW or another symbol? Try our Free Forex Trend Analysis Report.