Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
New Zealand Dollar/Malaysian Ringt (FOREX:NZDMYR)
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.
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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 Apr 10th, 2018 at 2.85070
The short term trend has been DOWN since Apr 18th, 2018 at 2.84975
Smart Scan Analysis for NZDMYR
Based on a pre-defined weighted trend formula for chart analysis, NZDMYR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.80920 | 2.81135 | 2.80920 | 2.81135 | +0.00215 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.80920 | 2.80950 | 2.81320 | 2018-04-21 18:35:31 |