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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Malaysian Ringt/Thai Baht (FOREX:MYRTHB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_MYRTHB
Open High Low MYRTHB Price Change
7.60460 7.61485 7.60460 7.61485 +0.01025
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term down The long term trend has been DOWN since Sep 5th, 2018 at 7.90585

intermediate term down The intermediate term trend has been DOWN since Apr 9th, 2019 at 7.74390

short term down The short term trend has been DOWN since May 23rd, 2019 at 7.60935

Smart Scan Analysis for MYRTHB

Based on a pre-defined weighted trend formula for chart analysis, MYRTHB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for MYRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.60460 7.61485 7.60460 7.61485 +0.01025
Prev. Close Volume Bid Ask Time
7.6046 7.60740 7.62230 2019-05-25 03:53:10
Want to analyze Malaysian Ringt/Thai Baht MYRTHB or another symbol? Try our Free Forex Trend Analysis Report.