Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Malaysian Ringt/Canadian Dollar (FOREX:MYRCAD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_MYRCAD
Open High Low MYRCAD Price Change
0.326665 0.329690 0.326640 0.329360 +0.002695
Entry Signal

MarketClub’s Trade Triangles for MYRCAD

long term up The long term trend has been UP since Dec 4th, 2018 at 0.319395

intermediate term up The intermediate term trend has been UP since Feb 7th, 2019 at 0.324305

short term up The short term trend has been UP since Mar 18th, 2019 at 0.327640

Smart Scan Analysis for MYRCAD

Based on a pre-defined weighted trend formula for chart analysis, MYRCAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MYRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.326665 0.329690 0.326640 0.329360 +0.002695
Prev. Close Volume Bid Ask Time
0.326665 0.329330 0.329390 2019-03-20 21:37:50
Want to analyze Malaysian Ringt/Canadian Dollar MYRCAD or another symbol? Try our Free Forex Trend Analysis Report.