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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Malaysian Ringt/Euro (FOREX:MYREUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_MYREUR
Open High Low MYREUR Price Change
0.21727 0.21767 0.21704 0.21711 -0.00016
Entry Signal

MarketClub’s Trade Triangles for MYREUR

long term down The long term trend has been DOWN since Aug 7th, 2019 at 0.211480

intermediate term up The intermediate term trend has been UP since Aug 30th, 2019 at 0.216635

short term down The short term trend has been DOWN since Sep 13th, 2019 at 0.216350

Smart Scan Analysis for MYREUR

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

-55
Smart Scan Analysis for MYREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21727 0.21767 0.21704 0.21711 -0.00016
Prev. Close Volume Bid Ask Time
0.21727 0.21695 0.21727 2019-09-17 06:25:42
Want to analyze Malaysian Ringt/Euro MYREUR or another symbol? Try our Free Forex Trend Analysis Report.