Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
US Dollar/Malaysian Ringt (FOREX:USDMYR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 USDMYR
The long term trend has been UP since Apr 16th, 2019 at 4.1495
The intermediate term trend has been DOWN since Jun 5th, 2019 at 4.1516
The short term trend has been UP since Jul 17th, 2019 at 4.1149
Smart Scan Analysis for USDMYR
Based on a pre-defined weighted trend formula for chart analysis, USDMYR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.11030 | 4.11350 | 4.10630 | 4.10965 | -0.00065 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.11030 | 4.10760 | 4.11170 | 2019-07-19 13:14:40 |