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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Chinese Renminbi Yuan/Icelandic Krona (FOREX:CNYISK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_CNYISK
Open High Low CNYISK Price Change
15.96095 15.98545 15.92765 15.92785 -0.03310
Entry Signal

MarketClub’s Trade Triangles for CNYISK

long term down The long term trend has been DOWN since Mar 27th, 2018 at 15.57960

intermediate term up The intermediate term trend has been UP since Apr 4th, 2018 at 15.82965

short term down The short term trend has been DOWN since Apr 24th, 2018 at 15.85650

Smart Scan Analysis for CNYISK

Based on a pre-defined weighted trend formula for chart analysis, CNYISK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CNYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.96095 15.98545 15.92765 15.92785 -0.03310
Prev. Close Volume Bid Ask Time
15.96095 15.87800 15.97770 2018-04-25 14:43:51
Want to analyze Chinese Renminbi Yuan/Icelandic Krona CNYISK or another symbol? Try our Free Forex Trend Analysis Report.