Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Chinese Renminbi Yuan/Malaysian Ringt (FOREX:CNYMYR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

Open High Low CNYMYR Price Change
0.607435 0.608125 0.606670 0.607175 -0.000260
Entry Signal

MarketClub’s Trade Triangles for CNYMYR

long term up The long term trend has been UP since Jan 23rd, 2019 at 0.609695

intermediate term down The intermediate term trend has been DOWN since Feb 7th, 2019 at 0.604105

short term up The short term trend has been UP since Feb 15th, 2019 at 0.603125

Smart Scan Analysis for CNYMYR

Based on a pre-defined weighted trend formula for chart analysis, CNYMYR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CNYMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.607435 0.608125 0.606670 0.607175 -0.000260
Prev. Close Volume Bid Ask Time
0.607435 0.606880 0.607470 2019-02-21 06:59:48
Want to analyze Chinese Renminbi Yuan/Malaysian Ringt CNYMYR or another symbol? Try our Free Forex Trend Analysis Report.