Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
Euro/Malaysian Ringt (FOREX:EURMYR)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 EURMYR
The long term trend has been DOWN since Dec 3rd, 2018 at 4.70425
The intermediate term trend has been DOWN since Jan 2nd, 2019 at 4.71935
The short term trend has been DOWN since Feb 1st, 2019 at 4.68295
Smart Scan Analysis for EURMYR
Based on a pre-defined weighted trend formula for chart analysis, EURMYR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.60855 | 4.61345 | 4.59470 | 4.60175 | -0.00680 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.60855 | 4.59830 | 4.60520 | 2019-02-15 13:22:00 |