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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Malaysian Ringt/New Taiwan Dollar (FOREX:MYRTWD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_MYRTWD
Open High Low MYRTWD Price Change
7.52895 7.52895 7.52895 7.52895 0.00000
Entry Signal

MarketClub’s Trade Triangles for MYRTWD

long term up The long term trend has been UP since Jan 2nd, 2019 at 7.45870

intermediate term up The intermediate term trend has been UP since Jan 2nd, 2019 at 7.41505

short term up The short term trend has been UP since Jan 2nd, 2019 at 7.39905

Smart Scan Analysis for MYRTWD

Based on a pre-defined weighted trend formula for chart analysis, MYRTWD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MYRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.52895 7.52895 7.52895 7.52895 0.00000
Prev. Close Volume Bid Ask Time
7.52895 7.31640 7.74150 2019-01-14 20:59:08
Want to analyze Malaysian Ringt/New Taiwan Dollar MYRTWD or another symbol? Try our Free Forex Trend Analysis Report.