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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Malaysian Ringt/Swedish Krona (FOREX:MYRSEK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_MYRSEK
Open High Low MYRSEK Price Change
2.29590 2.29715 2.28930 2.29440 -0.00150
Entry Signal

MarketClub’s Trade Triangles for MYRSEK

long term up The long term trend has been UP since Jan 25th, 2019 at 2.19980

intermediate term up The intermediate term trend has been UP since Jan 15th, 2019 at 2.18895

short term up The short term trend has been UP since Feb 14th, 2019 at 2.28445

Smart Scan Analysis for MYRSEK

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

+100
Smart Scan Analysis for MYRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.29590 2.29715 2.28930 2.29440 -0.00150
Prev. Close Volume Bid Ask Time
2.29590 2.29100 2.29780 2019-02-22 13:15:03
Want to analyze Malaysian Ringt/Swedish Krona MYRSEK or another symbol? Try our Free Forex Trend Analysis Report.