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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
0.336600 0.338300 0.336135 0.337960 +0.001360
Entry Signal

MarketClub’s Trade Triangles for MYRSGD

long term up The long term trend has been UP since Jun 25th, 2018 at 0.341120

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 0.335555

short term down The short term trend has been DOWN since Jul 17th, 2018 at 0.336385

Smart Scan Analysis for MYRSGD

Based on a pre-defined weighted trend formula for chart analysis, MYRSGD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MYRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.336600 0.338300 0.336135 0.337960 +0.001360
Prev. Close Volume Bid Ask Time
0.336600 0.337640 0.338280 2018-07-17 17:05:50
Want to analyze Malaysian Ringt/Singapore Dollar MYRSGD or another symbol? Try our Free Forex Trend Analysis Report.