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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Malaysian Ringt/British Pound (FOREX:MYRGBP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_MYRGBP
Open High Low MYRGBP Price Change
0.190190 0.190895 0.189575 0.189870 -0.000320
Entry Signal

MarketClub’s Trade Triangles for MYRGBP

long term up The long term trend has been UP since Jun 3rd, 2019 at 0.189900

intermediate term up The intermediate term trend has been UP since May 16th, 2019 at 0.187840

short term up The short term trend has been UP since Jun 14th, 2019 at 0.189675

Smart Scan Analysis for MYRGBP

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

+100
Smart Scan Analysis for MYRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.190190 0.190895 0.189575 0.189870 -0.000320
Prev. Close Volume Bid Ask Time
0.190190 0.189860 0.189880 2019-06-19 23:34:46
Want to analyze Malaysian Ringt/British Pound MYRGBP or another symbol? Try our Free Forex Trend Analysis Report.