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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Chinese Renminbi Yuan/Chilean Peso (FOREX:CNYCLP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_CNYCLP
Open High Low CNYCLP Price Change
99.8205 99.8205 99.8205 99.8205 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNYCLP

long term up The long term trend has been UP since Aug 31st, 2018 at 99.4100

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2019 at 99.0590

short term up The short term trend has been UP since Jan 14th, 2019 at 100.1555

Smart Scan Analysis for CNYCLP

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

-55
Smart Scan Analysis for CNYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.8205 99.8205 99.8205 99.8205 0.0000
Prev. Close Volume Bid Ask Time
99.8205 98.0010 101.6400 2019-01-16 20:59:43
Want to analyze Chinese Renminbi Yuan/Chilean Peso CNYCLP or another symbol? Try our Free Forex Trend Analysis Report.