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Forex Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

South Korean Won/Malaysian Ringt (FOREX:KRWMYR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_KRWMYR
Open High Low KRWMYR Price Change
0.350750 0.351475 0.350440 0.350730 -0.000020
Entry Signal

MarketClub’s Trade Triangles for KRWMYR

long term down The long term trend has been DOWN since May 13th, 2019 at 0.35037

intermediate term up The intermediate term trend has been UP since Aug 29th, 2019 at 0.34811

short term down The short term trend has been DOWN since Sep 16th, 2019 at 0.35136

Smart Scan Analysis for KRWMYR

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

-55
Smart Scan Analysis for KRWMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.350750 0.351475 0.350440 0.350730 -0.000020
Prev. Close Volume Bid Ask Time
0.350750 0.350520 0.350940 2019-09-19 14:52:36
Want to analyze South Korean Won/Malaysian Ringt KRWMYR or another symbol? Try our Free Forex Trend Analysis Report.