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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.

FOREX_MYRHKD
Open High Low MYRHKD Price Change
1.92805 1.93780 1.92445 1.92670 -0.00135
Entry Signal

MarketClub’s Trade Triangles for MYRHKD

long term up The long term trend has been UP since Jan 7th, 2019 at 1.90475

intermediate term up The intermediate term trend has been UP since Mar 20th, 2019 at 1.93635

short term up 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).

+90
Smart Scan Analysis for MYRHKD
Strong Downtrend Sideways 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
Want to analyze Malaysian Ringt/Hong Kong Dollar MYRHKD or another symbol? Try our Free Forex Trend Analysis Report.