Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

Malaysian Ringt/South Korean Won (FOREX:MYRKRW)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_MYRKRW
Open High Low MYRKRW Price Change
280.16899 281.00830 279.97400 280.56552 +0.39653
Entry Signal

MarketClub’s Trade Triangles for MYRKRW

long term down The long term trend has been DOWN since Oct 3rd, 2019 at 279.54000

intermediate term up The intermediate term trend has been UP since Nov 11th, 2019 at 281.08533

short term down The short term trend has been DOWN since Nov 15th, 2019 at 280.00966

Smart Scan Analysis for MYRKRW

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

-55
Smart Scan Analysis for MYRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
280.16899 281.00830 279.97400 280.56552 +0.39653
Prev. Close Volume Bid Ask Time
280.16899 280.53664 280.59439 2019-11-18 12:29:25
Want to analyze Malaysian Ringt/South Korean Won MYRKRW or another symbol? Try our Free Forex Trend Analysis Report.