Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
Malaysian Ringt/South African Rand (FOREX:MYRZAR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
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MarketClub’s Trade Triangles for MYRZAR
The long term trend has been UP since Aug 11th, 2019 at 3.65285
The intermediate term trend has been UP since Jul 26th, 2019 at 3.44890
The short term trend has been UP since Aug 1st, 2019 at 3.47465
Smart Scan Analysis for MYRZAR
Based on a pre-defined weighted trend formula for chart analysis, MYRZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.66500 | 3.71065 | 3.64390 | 3.70080 | +0.03580 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.66500 | 3.69920 | 3.70240 | 2019-08-19 19:18:43 |