Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, October 24, 2018.
New Zealand Dollar/Malaysian Ringt (FOREX:NZDMYR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
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MarketClub’s Trade Triangles for NZDMYR
The long term trend has been DOWN since Mar 28th, 2018 at 2.78160
The intermediate term trend has been UP since Oct 21st, 2018 at 2.74515
The short term trend has been DOWN since Oct 23rd, 2018 at 2.72250
Smart Scan Analysis for NZDMYR
Based on a pre-defined weighted trend formula for chart analysis, NZDMYR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.73015 | 2.73205 | 2.72965 | 2.73025 | +0.00010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.73015 | 2.72860 | 2.73190 | 2018-10-24 00:32:49 |