Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
British Pound/Malaysian Ringt (FOREX:GBPMYR)
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.
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MarketClub’s Trade Triangles for GBPMYR
The long term trend has been UP since Oct 3rd, 2019 at 5.2608500
The intermediate term trend has been DOWN since Oct 8th, 2019 at 5.1315500
The short term trend has been UP since Nov 11th, 2019 at 5.3269948
Smart Scan Analysis for GBPMYR
Based on a pre-defined weighted trend formula for chart analysis, GBPMYR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.3361601 | 5.3407484 | 5.3117487 | 5.3376942 | +0.0015340 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.3361601 | 5.3344814 | 5.3409069 | 2019-11-13 17:29:10 |