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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Chinese Renminbi Yuan/Euro (FOREX:CNYEUR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.129225 0.129225 0.129225 0.129225 0.000000
Entry Signal

MarketClub’s Trade Triangles for CNYEUR

long term down The long term trend has been DOWN since Jan 15th, 2018 at 0.126765

intermediate term up The intermediate term trend has been UP since Mar 28th, 2018 at 0.128980

short term up The short term trend has been UP since Apr 19th, 2018 at 0.129030

Smart Scan Analysis for CNYEUR

Based on a pre-defined weighted trend formula for chart analysis, CNYEUR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CNYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.129225 0.129225 0.129225 0.129225 0.000000
Prev. Close Volume Bid Ask Time
0.129225 0.129060 0.129390 2018-04-21 00:00:46
Want to analyze Chinese Renminbi Yuan/Euro CNYEUR or another symbol? Try our Free Forex Trend Analysis Report.