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Forex Trend Analysis Report

Prepared for you on Monday, March 25, 2019.

Malaysian Ringt/Australian Dollar (FOREX:MYRAUD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_MYRAUD
Open High Low MYRAUD Price Change
0.347660 0.347710 0.345495 0.345945 -0.001715
Entry Signal

MarketClub’s Trade Triangles for MYRAUD

long term up The long term trend has been UP since Dec 31st, 2018 at 0.342920

intermediate term up The intermediate term trend has been UP since Feb 6th, 2019 at 0.341465

short term up The short term trend has been UP since Mar 19th, 2019 at 0.346215

Smart Scan Analysis for MYRAUD

Based on a pre-defined weighted trend formula for chart analysis, MYRAUD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for MYRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.347660 0.347710 0.345495 0.345945 -0.001715
Prev. Close Volume Bid Ask Time
0.347660 0.345930 0.345960 2019-03-25 14:05:22
Want to analyze Malaysian Ringt/Australian Dollar MYRAUD or another symbol? Try our Free Forex Trend Analysis Report.