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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Malaysian Ringt/South Korean Won (FOREX:MYRKRW)

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.

Open High Low MYRKRW Price Change
284.00 284.67 283.02 284.34 +0.34
Entry Signal

MarketClub’s Trade Triangles for MYRKRW

long term up The long term trend has been UP since May 16th, 2019 at 285.82

intermediate term down The intermediate term trend has been DOWN since Aug 29th, 2019 at 287.27

short term up The short term trend has been UP since Sep 16th, 2019 at 284.57

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).

Smart Scan Analysis for MYRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
284.00 284.67 283.02 284.34 +0.34
Prev. Close Volume Bid Ask Time
284 284.10 284.58 2019-09-16 19:07:31
Want to analyze Malaysian Ringt/South Korean Won MYRKRW or another symbol? Try our Free Forex Trend Analysis Report.