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Forex Trend Analysis Report

Prepared for you on Monday, September 25, 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
0.126895 0.127065 0.126860 0.127065 +0.000170
Entry Signal

MarketClub’s Trade Triangles for CNYEUR

long term down The long term trend has been DOWN since Apr 25th, 2017 at 0.13344

intermediate term up The intermediate term trend has been UP since Sep 1st, 2017 at 0.12831

short term down The short term trend has been DOWN since Sep 22nd, 2017 at 0.12652

Smart Scan Analysis for CNYEUR

Based on a pre-defined weighted trend formula for chart analysis, CNYEUR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CNYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.126895 0.127065 0.126860 0.127065 +0.000170
Prev. Close Volume Bid Ask Time
0.126895 0.127030 0.127100 2017-09-25 07:40:40
Want to analyze Chinese Renminbi Yuan/Euro CNYEUR or another symbol? Try our Free Forex Trend Analysis Report.