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Forex Trend Analysis Report

Prepared for you on Friday, February 23, 2018.

Malaysian Ringt/Thai Baht (FOREX:MYRTHB)

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_MYRTHB
Open High Low MYRTHB Price Change
8.05235 8.05235 8.01215 8.01335 -0.03900
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term up The long term trend has been UP since Nov 22nd, 2017 at 7.9529

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2018 at 8.0027

short term down The short term trend has been DOWN since Feb 23rd, 2018 at 8.0174

Smart Scan Analysis for MYRTHB

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

-70
Smart Scan Analysis for MYRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.05235 8.05235 8.01215 8.01335 -0.03900
Prev. Close Volume Bid Ask Time
8.05235 8.00610 8.02060 2018-02-23 23:04:31
Want to analyze Malaysian Ringt/Thai Baht MYRTHB or another symbol? Try our Free Forex Trend Analysis Report.