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Forex Trend Analysis Report

Prepared for you on Sunday, September 22, 2019.

Malaysian Ringt/Pakistani Rupee (FOREX:MYRPKR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_MYRPKR
Open High Low MYRPKR Price Change
37.461 37.564 37.461 37.560 +0.099
Entry Signal

MarketClub’s Trade Triangles for MYRPKR

long term up The long term trend has been UP since Feb 5th, 2019 at 34.173

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2019 at 38.505

short term up The short term trend has been UP since Sep 20th, 2019 at 37.521

Smart Scan Analysis for MYRPKR

Based on a pre-defined weighted trend formula for chart analysis, MYRPKR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for MYRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.461 37.564 37.461 37.560 +0.099
Prev. Close Volume Bid Ask Time
37.461 37.548 37.572 2019-09-20 12:45:28
Want to analyze Malaysian Ringt/Pakistani Rupee MYRPKR or another symbol? Try our Free Forex Trend Analysis Report.