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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Malaysian Ringt/British Pound (FOREX:MYRGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_MYRGBP
Open High Low MYRGBP Price Change
0.187915 0.188975 0.187715 0.187755 -0.000160
Entry Signal

MarketClub’s Trade Triangles for MYRGBP

long term up The long term trend has been UP since Dec 3rd, 2018 at 0.188480

intermediate term up The intermediate term trend has been UP since Feb 11th, 2019 at 0.190845

short term down The short term trend has been DOWN since Feb 17th, 2019 at 0.190075

Smart Scan Analysis for MYRGBP

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

+55
Smart Scan Analysis for MYRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.187915 0.188975 0.187715 0.187755 -0.000160
Prev. Close Volume Bid Ask Time
0.187915 0.187740 0.187770 2019-02-22 15:22:54
Want to analyze Malaysian Ringt/British Pound MYRGBP or another symbol? Try our Free Forex Trend Analysis Report.