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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Chinese Renminbi Yuan/Icelandic Krona (FOREX:CNYISK)

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_CNYISK
Open High Low CNYISK Price Change
15.8620 15.8760 15.8065 15.8095 -0.0525
Entry Signal

MarketClub’s Trade Triangles for CNYISK

long term up The long term trend has been UP since May 15th, 2018 at 16.2543

intermediate term down The intermediate term trend has been DOWN since Jun 27th, 2018 at 16.2454

short term down The short term trend has been DOWN since Jul 11th, 2018 at 16.0175

Smart Scan Analysis for CNYISK

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

-70
Smart Scan Analysis for CNYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.8620 15.8760 15.8065 15.8095 -0.0525
Prev. Close Volume Bid Ask Time
15.8620 15.7630 15.8560 2018-07-19 07:51:21
Want to analyze Chinese Renminbi Yuan/Icelandic Krona CNYISK or another symbol? Try our Free Forex Trend Analysis Report.