Forex Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
Malaysian Ringt/Swedish Krona (FOREX:MYRSEK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for MYRSEK
The long term trend has been UP since Nov 1st, 2017 at 1.98015
The intermediate term trend has been UP since Aug 9th, 2018 at 2.20180
The short term trend has been UP since Aug 2nd, 2018 at 2.17415
Smart Scan Analysis for MYRSEK
Based on a pre-defined weighted trend formula for chart analysis, MYRSEK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).