Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
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.
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MarketClub’s Trade Triangles for MYRTWD
The long term trend has been UP since Jan 20th, 2020 at 7.357218
The intermediate term trend has been UP since Jan 2nd, 2020 at 7.322475
The short term trend has been UP since Dec 29th, 2019 at 7.285923
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.372545 | 7.372545 | 7.372545 | 7.372545 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.372545 | 7.151384 | 7.593706 | 2020-01-21 07:17:54 |