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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Chinese Renminbi Yuan/Euro (FOREX:CNYEUR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_CNYEUR
Open High Low CNYEUR Price Change
0.127500 0.127580 0.127085 0.127100 -0.000400
Entry Signal

MarketClub’s Trade Triangles for CNYEUR

long term down The long term trend has been DOWN since Jul 2nd, 2018 at 0.128375

intermediate term down The intermediate term trend has been DOWN since Jun 22nd, 2018 at 0.132200

short term down The short term trend has been DOWN since Jul 18th, 2018 at 0.127515

Smart Scan Analysis for CNYEUR

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

-100
Smart Scan Analysis for CNYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.127500 0.127580 0.127085 0.127100 -0.000400
Prev. Close Volume Bid Ask Time
0.127500 0.127050 0.127150 2018-07-19 07:42:14
Want to analyze Chinese Renminbi Yuan/Euro CNYEUR or another symbol? Try our Free Forex Trend Analysis Report.