Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, July 22, 2019.
Indonesian Rupiah/Malaysian Ringt (FOREX:IDRMYR)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 IDRMYR
The long term trend has been UP since Nov 7th, 2018 at 0.028316
The intermediate term trend has been UP since Jul 14th, 2019 at 0.029427
The short term trend has been UP since Jul 12th, 2019 at 0.029407
Smart Scan Analysis for IDRMYR
Based on a pre-defined weighted trend formula for chart analysis, IDRMYR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.029482 | 0.029531 | 0.029466 | 0.029531 | +0.000049 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.029482 | 0.029513 | 0.029549 | 2019-07-22 04:22:46 |