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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

Chinese Renminbi Yuan/Euro (FOREX:CNYEUR)

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_CNYEUR
Open High Low CNYEUR Price Change
0.127935 0.127935 0.127935 0.127935 0.000000
Entry Signal

MarketClub’s Trade Triangles for CNYEUR

long term up The long term trend has been UP since Nov 1st, 2017 at 0.129770

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 0.127425

short term down The short term trend has been DOWN since Nov 9th, 2017 at 0.129775

Smart Scan Analysis for CNYEUR

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

-70
Smart Scan Analysis for CNYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.127935 0.127935 0.127935 0.127935 0.000000
Prev. Close Volume Bid Ask Time
0.127935 0.127120 0.128750 2017-11-18 23:45:10
Want to analyze Chinese Renminbi Yuan/Euro CNYEUR or another symbol? Try our Free Forex Trend Analysis Report.