Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
Australian Dollar/Malaysian Ringt (FOREX:AUDMYR)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 AUDMYR
The long term trend has been DOWN since May 17th, 2019 at 2.86535
The intermediate term trend has been DOWN since May 15th, 2019 at 2.88495
The short term trend has been UP since Jun 19th, 2019 at 2.87375
Smart Scan Analysis for AUDMYR
Based on a pre-defined weighted trend formula for chart analysis, AUDMYR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.88420 | 2.88485 | 2.87670 | 2.88075 | -0.00345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.88420 | 2.87900 | 2.88250 | 2019-06-24 09:18:29 |