Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.319310 0.319400 0.317235 0.317955 -0.001355
Entry Signal

MarketClub’s Trade Triangles for MYRSGD

long term down The long term trend has been DOWN since Aug 1st, 2017 at 0.316710

intermediate term down The intermediate term trend has been DOWN since Jun 28th, 2017 at 0.322405

short term up The short term trend has been UP since Aug 16th, 2017 at 0.318780

Smart Scan Analysis for MYRSGD

Based on a pre-defined weighted trend formula for chart analysis, MYRSGD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for MYRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.319310 0.319400 0.317235 0.317955 -0.001355
Prev. Close Volume Bid Ask Time
0.319310 0.317910 0.318000 2017-08-17 15:05:45
Want to analyze Malaysian Ringt/Singapore Dollar MYRSGD or another symbol? Try our Free Forex Trend Analysis Report.