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Forex Trend Analysis Report

Prepared for you on Tuesday, January 16, 2018.

Chinese Renminbi Yuan/Indian Rupee (FOREX:CNYINR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_CNYINR
Open High Low CNYINR Price Change
9.89025 9.95485 9.89025 9.93905 +0.04880
Entry Signal

MarketClub’s Trade Triangles for CNYINR

long term up The long term trend has been UP since Aug 9th, 2017 at 9.56715

intermediate term up The intermediate term trend has been UP since Dec 22nd, 2017 at 9.79675

short term up The short term trend has been UP since Jan 10th, 2018 at 9.77975

Smart Scan Analysis for CNYINR

Based on a pre-defined weighted trend formula for chart analysis, CNYINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CNYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.89025 9.95485 9.89025 9.93905 +0.04880
Prev. Close Volume Bid Ask Time
9.89025 9.93260 9.94550 2018-01-16 12:29:42
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