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Forex Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)

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_MYRSGD
Open High Low MYRSGD Price Change
0.338350 0.338495 0.336260 0.337335 -0.001015
Entry Signal

MarketClub’s Trade Triangles for MYRSGD

long term up The long term trend has been UP since Nov 9th, 2017 at 0.323600

intermediate term down The intermediate term trend has been DOWN since Feb 19th, 2018 at 0.334835

short term up The short term trend has been UP since Feb 20th, 2018 at 0.337860

Smart Scan Analysis for MYRSGD

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

+75
Smart Scan Analysis for MYRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.338350 0.338495 0.336260 0.337335 -0.001015
Prev. Close Volume Bid Ask Time
0.338350 0.337170 0.337500 2018-02-22 17:34:18
Want to analyze Malaysian Ringt/Singapore Dollar MYRSGD or another symbol? Try our Free Forex Trend Analysis Report.