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Forex Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

Malaysian Ringt/British Pound (FOREX:MYRGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low MYRGBP Price Change
0.19154 0.19179 0.19025 0.19045 -0.00109
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 down The intermediate term trend has been DOWN since Aug 22nd, 2019 at 0.195275

short term down The short term trend has been DOWN since Sep 4th, 2019 at 0.194425

Smart Scan Analysis for MYRGBP

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

Smart Scan Analysis for MYRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19154 0.19179 0.19025 0.19045 -0.00109
Prev. Close Volume Bid Ask Time
0.19154 0.19044 0.19046 2019-09-19 15:15:43
Want to analyze Malaysian Ringt/British Pound MYRGBP or another symbol? Try our Free Forex Trend Analysis Report.