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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Euro/Malaysian Ringt (FOREX:EURMYR)

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.

Open High Low EURMYR Price Change
4.66855 4.67360 4.65820 4.66120 -0.00735
Entry Signal

MarketClub’s Trade Triangles for EURMYR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 4.70425

intermediate term up The intermediate term trend has been UP since Apr 11th, 2019 at 4.63965

short term down The short term trend has been DOWN since May 15th, 2019 at 4.66465

Smart Scan Analysis for EURMYR

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

Smart Scan Analysis for EURMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.66855 4.67360 4.65820 4.66120 -0.00735
Prev. Close Volume Bid Ask Time
4.66855 4.65780 4.66460 2019-05-17 14:10:34
Want to analyze Euro/Malaysian Ringt EURMYR or another symbol? Try our Free Forex Trend Analysis Report.