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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

Malaysian Ringt/New Zealand Dollar (FOREX:MYRNZD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_MYRNZD
Open High Low MYRNZD Price Change
0.352560 0.353595 0.352560 0.353355 +0.000795
Entry Signal

MarketClub’s Trade Triangles for MYRNZD

long term up The long term trend has been UP since Sep 7th, 2017 at 0.33038

intermediate term up The intermediate term trend has been UP since Oct 31st, 2017 at 0.34574

short term up The short term trend has been UP since Nov 9th, 2017 at 0.34339

Smart Scan Analysis for MYRNZD

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

+100
Smart Scan Analysis for MYRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.352560 0.353595 0.352560 0.353355 +0.000795
Prev. Close Volume Bid Ask Time
0.352560 0.352900 0.353810 2017-11-24 21:12:10
Want to analyze Malaysian Ringt/New Zealand Dollar MYRNZD or another symbol? Try our Free Forex Trend Analysis Report.