Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
Malaysian Ringt/Hong Kong Dollar (FOREX:MYRHKD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 MYRHKD
The long term trend has been UP since Jan 7th, 2019 at 1.90475
The intermediate term trend has been UP since Mar 20th, 2019 at 1.93635
The short term trend has been UP since Mar 18th, 2019 at 1.92665
Smart Scan Analysis for MYRHKD
Based on a pre-defined weighted trend formula for chart analysis, MYRHKD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.92805 | 1.93780 | 1.92445 | 1.92670 | -0.00135 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.92805 | 1.92660 | 1.92680 | 2019-03-22 14:38:28 |