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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Canadian Dollar/Chinese Renminbi Yuan (FOREX:CADCNY)

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.

Open High Low CADCNY Price Change
5.2917 5.2917 5.2917 5.2917 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADCNY

long term up The long term trend has been UP since Jun 29th, 2018 at 5.02790

intermediate term up The intermediate term trend has been UP since Sep 18th, 2018 at 5.29215

short term down The short term trend has been DOWN since Oct 18th, 2018 at 5.30760

Smart Scan Analysis for CADCNY

Based on a pre-defined weighted trend formula for chart analysis, CADCNY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2917 5.2917 5.2917 5.2917 0.0000
Prev. Close Volume Bid Ask Time
5.2917 5.2851 5.2983 2018-10-20 08:24:20
Want to analyze Canadian Dollar/Chinese Renminbi Yuan CADCNY or another symbol? Try our Free Forex Trend Analysis Report.