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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Malaysian Ringt/Japanese Yen (FOREX:MYRJPY)

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_MYRJPY
Open High Low MYRJPY Price Change
26.9570 27.1625 26.9570 27.1560 +0.1990
Entry Signal

MarketClub’s Trade Triangles for MYRJPY

long term down The long term trend has been DOWN since Mar 1st, 2018 at 27.1340

intermediate term up The intermediate term trend has been UP since Jan 21st, 2019 at 26.6635

short term down The short term trend has been DOWN since Feb 15th, 2019 at 27.0570

Smart Scan Analysis for MYRJPY

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

+55
Smart Scan Analysis for MYRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.9570 27.1625 26.9570 27.1560 +0.1990
Prev. Close Volume Bid Ask Time
26.9570 27.1520 27.1600 2019-02-19 20:27:58
Want to analyze Malaysian Ringt/Japanese Yen MYRJPY or another symbol? Try our Free Forex Trend Analysis Report.