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Forex Trend Analysis Report

Prepared for you on Sunday, June 25, 2017.

Chinese Renminbi Yuan/Canadian Dollar (FOREX:CNYCAD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_CNYCAD
Open High Low CNYCAD Price Change
0.194105 0.194105 0.194005 0.194005 -0.000100
Entry Signal

MarketClub’s Trade Triangles for CNYCAD

long term up The long term trend has been UP since Mar 9th, 2017 at 0.195275

intermediate term down The intermediate term trend has been DOWN since Jun 13th, 2017 at 0.194535

short term down The short term trend has been DOWN since Jun 22nd, 2017 at 0.193390

Smart Scan Analysis for CNYCAD

Based on a pre-defined weighted trend formula for chart analysis, CNYCAD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CNYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.194105 0.194105 0.194005 0.194005 -0.000100
Prev. Close Volume Bid Ask Time
0.194105 0.193720 0.194290 2017-06-25 12:57:36
Want to analyze Chinese Renminbi Yuan/Canadian Dollar CNYCAD or another symbol? Try our Free Forex Trend Analysis Report.