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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.

FOREX_MYRSEK
Open High Low MYRSEK Price Change
2.23690 2.24495 2.23330 2.23755 +0.00065
Entry Signal

MarketClub’s Trade Triangles for MYRSEK

long term up The long term trend has been UP since Nov 1st, 2017 at 1.98015

intermediate term up The intermediate term trend has been UP since Aug 9th, 2018 at 2.20180

short term up 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).

+90
Smart Scan Analysis for MYRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.23690 2.24495 2.23330 2.23755 +0.00065
Prev. Close Volume Bid Ask Time
2.23690 2.23510 2.24000 2018-08-17 14:22:03
Want to analyze Malaysian Ringt/Swedish Krona MYRSEK or another symbol? Try our Free Forex Trend Analysis Report.