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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Malaysian Ringt/Euro (FOREX:MYREUR)

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_MYREUR
Open High Low MYREUR Price Change
0.21688 0.21775 0.21684 0.21775 +0.00087
Entry Signal

MarketClub’s Trade Triangles for MYREUR

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 0.21276

intermediate term up The intermediate term trend has been UP since Jul 4th, 2019 at 0.21466

short term up The short term trend has been UP since Jul 23rd, 2019 at 0.21712

Smart Scan Analysis for MYREUR

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

+70
Smart Scan Analysis for MYREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21688 0.21775 0.21684 0.21775 +0.00087
Prev. Close Volume Bid Ask Time
0.21688 0.21759 0.21791 2019-07-23 11:20:16
Want to analyze Malaysian Ringt/Euro MYREUR or another symbol? Try our Free Forex Trend Analysis Report.