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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Malaysian Ringt/US Dollar (FOREX:MYRUSD)

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_MYRUSD
Open High Low MYRUSD Price Change
0.24495 0.24542 0.24492 0.24539 +0.00044
Entry Signal

MarketClub’s Trade Triangles for MYRUSD

long term up The long term trend has been UP since Jan 4th, 2019 at 0.242100

intermediate term up The intermediate term trend has been UP since Dec 2nd, 2018 at 0.239505

short term up The short term trend has been UP since Feb 19th, 2019 at 0.245460

Smart Scan Analysis for MYRUSD

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

+100
Smart Scan Analysis for MYRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24495 0.24542 0.24492 0.24539 +0.00044
Prev. Close Volume Bid Ask Time
0.24495 0.24524 0.24554 2019-02-22 17:34:55
Want to analyze Malaysian Ringt/US Dollar MYRUSD or another symbol? Try our Free Forex Trend Analysis Report.