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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Canadian Dollar/Malaysian Ringt (FOREX:CADMYR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

FOREX_CADMYR
Open High Low CADMYR Price Change
3.14565 3.14565 3.14565 3.14565 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADMYR

long term up The long term trend has been UP since May 13th, 2019 at 3.1331

intermediate term up The intermediate term trend has been UP since Aug 5th, 2019 at 3.1676

short term down The short term trend has been DOWN since Aug 14th, 2019 at 3.1517

Smart Scan Analysis for CADMYR

Based on a pre-defined weighted trend formula for chart analysis, CADMYR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CADMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.14565 3.14565 3.14565 3.14565 0.00000
Prev. Close Volume Bid Ask Time
3.14565 3.14380 3.14750 2019-08-18 13:15:00
Want to analyze Canadian Dollar/Malaysian Ringt CADMYR or another symbol? Try our Free Forex Trend Analysis Report.