Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
Australian Dollar/Malaysian Ringt (FOREX:AUDMYR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.
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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 UP since Sep 3rd, 2019 at 2.85430
The short term trend has been DOWN since Sep 17th, 2019 at 2.85435
Smart Scan Analysis for AUDMYR
Based on a pre-defined weighted trend formula for chart analysis, AUDMYR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.85920 | 2.87680 | 2.84745 | 2.86490 | +0.00570 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.85920 | 2.86320 | 2.86660 | 2019-09-17 22:55:08 |