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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

Indian Rupee/Malaysian Ringt (FOREX:INRMYR)

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.

FOREX_INRMYR
Open High Low INRMYR Price Change
0.059683 0.059683 0.059683 0.059683 0.000000
Entry Signal

MarketClub’s Trade Triangles for INRMYR

long term up The long term trend has been UP since Nov 25th, 2018 at 0.059639

intermediate term up The intermediate term trend has been UP since Jul 1st, 2019 at 0.060107

short term down The short term trend has been DOWN since Jul 11th, 2019 at 0.060043

Smart Scan Analysis for INRMYR

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

+55
Smart Scan Analysis for INRMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.059683 0.059683 0.059683 0.059683 0.000000
Prev. Close Volume Bid Ask Time
0.059683 0.059647 0.059719 2019-07-21 04:36:59
Want to analyze Indian Rupee/Malaysian Ringt INRMYR or another symbol? Try our Free Forex Trend Analysis Report.