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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)

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_MYRAUD
Open High Low MYRAUD Price Change
0.348855 0.349340 0.347570 0.349045 +0.000190
Entry Signal

MarketClub’s Trade Triangles for MYRAUD

long term up The long term trend has been UP since Dec 31st, 2018 at 0.34292

intermediate term down The intermediate term trend has been DOWN since Sep 4th, 2019 at 0.34904

short term up The short term trend has been UP since Sep 13th, 2019 at 0.35112

Smart Scan Analysis for MYRAUD

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

+55
Smart Scan Analysis for MYRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.348855 0.349340 0.347570 0.349045 +0.000190
Prev. Close Volume Bid Ask Time
0.348855 0.349010 0.349080 2019-09-16 10:36:02
Want to analyze Malaysian Ringt/Australian Dollar MYRAUD or another symbol? Try our Free Forex Trend Analysis Report.