Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Chinese Renminbi Yuan/Australian Dollar (FOREX:CNYAUD)

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.

FOREX_CNYAUD
Open High Low CNYAUD Price Change
0.205335 0.206015 0.204630 0.205285 -0.000050
Entry Signal

MarketClub’s Trade Triangles for CNYAUD

long term up The long term trend has been UP since Dec 27th, 2018 at 0.206695

intermediate term up The intermediate term trend has been UP since Dec 5th, 2018 at 0.200345

short term down The short term trend has been DOWN since Jan 14th, 2019 at 0.204655

Smart Scan Analysis for CNYAUD

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

+55
Smart Scan Analysis for CNYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.205335 0.206015 0.204630 0.205285 -0.000050
Prev. Close Volume Bid Ask Time
0.205335 0.205220 0.205350 2019-01-15 23:42:57
Want to analyze Chinese Renminbi Yuan/Australian Dollar CNYAUD or another symbol? Try our Free Forex Trend Analysis Report.