Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
Malaysian Ringt/Euro (FOREX:MYREUR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
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MarketClub’s Trade Triangles for MYREUR
The long term trend has been UP since Dec 4th, 2018 at 0.21308
The intermediate term trend has been UP since Jan 2nd, 2019 at 0.21222
The short term trend has been DOWN since Feb 17th, 2019 at 0.21666
Smart Scan Analysis for MYREUR
Based on a pre-defined weighted trend formula for chart analysis, MYREUR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.216265 | 0.216360 | 0.216265 | 0.216360 | +0.000095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.216265 | 0.216230 | 0.216490 | 2019-02-23 13:48:14 |