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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 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.

Open High Low NZDMYR Price Change
2.87765 2.88150 2.87605 2.88065 +0.00300
Entry Signal

MarketClub’s Trade Triangles for NZDMYR

long term down The long term trend has been DOWN since Nov 13th, 2017 at 2.89225

intermediate term up The intermediate term trend has been UP since Dec 13th, 2017 at 2.85680

short term down The short term trend has been DOWN since Jan 17th, 2018 at 2.87300

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).

Smart Scan Analysis for NZDMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.87765 2.88150 2.87605 2.88065 +0.00300
Prev. Close Volume Bid Ask Time
2.87765 2.87880 2.88250 2018-01-23 02:56:34
Want to analyze New Zealand Dollar/Malaysian Ringt NZDMYR or another symbol? Try our Free Forex Trend Analysis Report.