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Forex Trend Analysis Report

Prepared for you on Tuesday, June 19, 2018.

Malaysian Ringt/Thai Baht (FOREX:MYRTHB)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
8.18495 8.19035 8.18175 8.19035 +0.00540
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term up The long term trend has been UP since Jun 15th, 2018 at 8.13505

intermediate term up The intermediate term trend has been UP since Jun 15th, 2018 at 8.10935

short term up The short term trend has been UP since Jun 15th, 2018 at 8.08570

Smart Scan Analysis for MYRTHB

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

+100
Smart Scan Analysis for MYRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.18495 8.19035 8.18175 8.19035 +0.00540
Prev. Close Volume Bid Ask Time
8.18495 8.18280 8.19790 2018-06-19 02:25:54
Want to analyze Malaysian Ringt/Thai Baht MYRTHB or another symbol? Try our Free Forex Trend Analysis Report.