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Forex Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

South Korean Won/Malaysian Ringt (FOREX:KRWMYR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_KRWMYR
Open High Low KRWMYR Price Change
0.34704838 0.34763521 0.34579103 0.34763226 +0.00058400
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term down The long term trend has been DOWN since Jan 24th, 2020 at 0.34765500

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.35080874

short term down The short term trend has been DOWN since Jan 13th, 2020 at 0.35099810

Smart Scan Analysis for KRWMYR

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

-90
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34704838 0.34763521 0.34579103 0.34763226 +0.00058400
Prev. Close Volume Bid Ask Time
0.34704838 0.34741956 0.34784495 2020-01-28 18:25:42
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