Analyze Symbol
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.
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MarketClub’s Trade Triangles for MYRGBP
The long term trend has been UP since Jun 3rd, 2019 at 0.189900
The intermediate term trend has been UP since May 16th, 2019 at 0.187840
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).
| 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 |