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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Chinese Renminbi Yuan/Icelandic Krona (FOREX:CNYISK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low CNYISK Price Change
17.973 17.990 17.819 17.828 -0.145
Entry Signal

MarketClub’s Trade Triangles for CNYISK

long term up The long term trend has been UP since Oct 10th, 2018 at 16.823

intermediate term up The intermediate term trend has been UP since Jan 14th, 2019 at 17.831

short term down The short term trend has been DOWN since Jan 17th, 2019 at 17.820

Smart Scan Analysis for CNYISK

Based on a pre-defined weighted trend formula for chart analysis, CNYISK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CNYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.973 17.990 17.819 17.828 -0.145
Prev. Close Volume Bid Ask Time
17.973 17.781 17.875 2019-01-17 10:09:09
Want to analyze Chinese Renminbi Yuan/Icelandic Krona CNYISK or another symbol? Try our Free Forex Trend Analysis Report.