Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2019.

Malaysian Ringt/Swedish Krona (FOREX:MYRSEK)

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_MYRSEK
Open High Low MYRSEK Price Change
2.26410 2.28625 2.26145 2.28535 +0.02125
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 down The intermediate term trend has been DOWN since May 24th, 2019 at 2.29055

short term up The short term trend has been UP since Jun 7th, 2019 at 2.27080

Smart Scan Analysis for MYRSEK

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

+75
Smart Scan Analysis for MYRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.26410 2.28625 2.26145 2.28535 +0.02125
Prev. Close Volume Bid Ask Time
2.26410 2.28290 2.28780 2019-06-18 14:16:55
Want to analyze Malaysian Ringt/Swedish Krona MYRSEK or another symbol? Try our Free Forex Trend Analysis Report.