Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Chinese Renminbi Yuan/Australian Dollar (FOREX:CNYAUD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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_CNYAUD
Open High Low CNYAUD Price Change
0.200635 0.201605 0.200260 0.200760 +0.000125
Entry Signal

MarketClub’s Trade Triangles for CNYAUD

long term down The long term trend has been DOWN since Jul 1st, 2018 at 0.203665

intermediate term up The intermediate term trend has been UP since Aug 12th, 2018 at 0.200735

short term down The short term trend has been DOWN since Sep 17th, 2018 at 0.202385

Smart Scan Analysis for CNYAUD

Based on a pre-defined weighted trend formula for chart analysis, CNYAUD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CNYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.200635 0.201605 0.200260 0.200760 +0.000125
Prev. Close Volume Bid Ask Time
0.200635 0.200700 0.200820 2018-09-23 20:43:49
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