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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

Chinese Renminbi Yuan/Bulgarian Lev (FOREX:CNYBGN)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_CNYBGN
Open High Low CNYBGN Price Change
0.251735 0.251735 0.251735 0.251735 0.000000
Entry Signal

MarketClub’s Trade Triangles for CNYBGN

long term up The long term trend has been UP since Nov 1st, 2017 at 0.25393

intermediate term up The intermediate term trend has been UP since Dec 12th, 2017 at 0.25189

short term down The short term trend has been DOWN since Dec 13th, 2017 at 0.25047

Smart Scan Analysis for CNYBGN

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

+75
Smart Scan Analysis for CNYBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.251735 0.251735 0.251735 0.251735 0.000000
Prev. Close Volume Bid Ask Time
0.251735 0.251410 0.252060 2017-12-16 11:30:01
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