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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2017.

Malaysian Ringt/Thai Baht (FOREX:MYRTHB)

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_MYRTHB
Open High Low MYRTHB Price Change
7.9903 7.9903 7.9903 7.9903 0.0000
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term up The long term trend has been UP since Nov 22nd, 2017 at 7.95290

intermediate term up The intermediate term trend has been UP since Nov 9th, 2017 at 7.88805

short term down The short term trend has been DOWN since Dec 4th, 2017 at 7.95640

Smart Scan Analysis for MYRTHB

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

+75
Smart Scan Analysis for MYRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.9903 7.9903 7.9903 7.9903 0.0000
Prev. Close Volume Bid Ask Time
7.9903 7.8236 8.1570 2017-12-10 19:04:07
Want to analyze Malaysian Ringt/Thai Baht MYRTHB or another symbol? Try our Free Forex Trend Analysis Report.