Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

South Korean Won/Malaysian Ringt (FOREX:KRWMYR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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_KRWMYR
Open High Low KRWMYR Price Change
0.354555 0.356325 0.354420 0.355775 +0.001220
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term down The long term trend has been DOWN since May 13th, 2019 at 0.350370

intermediate term up The intermediate term trend has been UP since Jun 18th, 2019 at 0.354875

short term up The short term trend has been UP since Jun 11th, 2019 at 0.352960

Smart Scan Analysis for KRWMYR

Based on a pre-defined weighted trend formula for chart analysis, KRWMYR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.354555 0.356325 0.354420 0.355775 +0.001220
Prev. Close Volume Bid Ask Time
0.354555 0.355560 0.355990 2019-06-19 23:07:06
Want to analyze South Korean Won/Malaysian Ringt KRWMYR or another symbol? Try our Free Forex Trend Analysis Report.