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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Malaysian Ringt/Singapore Dollar (FOREX:MYRSGD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_MYRSGD
Open High Low MYRSGD Price Change
0.333755 0.333945 0.332275 0.333010 -0.000745
Entry Signal

MarketClub’s Trade Triangles for MYRSGD

long term up The long term trend has been UP since Feb 6th, 2019 at 0.331820

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 0.330580

short term down The short term trend has been DOWN since Feb 12th, 2019 at 0.332625

Smart Scan Analysis for MYRSGD

Based on a pre-defined weighted trend formula for chart analysis, MYRSGD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for MYRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.333755 0.333945 0.332275 0.333010 -0.000745
Prev. Close Volume Bid Ask Time
0.333755 0.332840 0.333180 2019-02-15 18:25:36
Want to analyze Malaysian Ringt/Singapore Dollar MYRSGD or another symbol? Try our Free Forex Trend Analysis Report.