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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Chinese Renminbi Yuan/Indian Rupee (FOREX:CNYINR)

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_CNYINR
Open High Low CNYINR Price Change
10.4455 10.4495 10.4200 10.4300 -0.0155
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 down The intermediate term trend has been DOWN since May 28th, 2018 at 10.51350

short term down The short term trend has been DOWN since Jun 19th, 2018 at 10.54750

Smart Scan Analysis for CNYINR

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

-70
Smart Scan Analysis for CNYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.4455 10.4495 10.4200 10.4300 -0.0155
Prev. Close Volume Bid Ask Time
10.4455 10.4190 10.4410 2018-06-22 18:01:49
Want to analyze Chinese Renminbi Yuan/Indian Rupee CNYINR or another symbol? Try our Free Forex Trend Analysis Report.