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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

Chinese Renminbi Yuan/Icelandic Krona (FOREX:CNYISK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_CNYISK
Open High Low CNYISK Price Change
16.7710 16.8015 16.7450 16.7990 +0.0280
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 Sep 4th, 2018 at 15.938

short term up The short term trend has been UP since Oct 1st, 2018 at 16.171

Smart Scan Analysis for CNYISK

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

+100
Smart Scan Analysis for CNYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.7710 16.8015 16.7450 16.7990 +0.0280
Prev. Close Volume Bid Ask Time
16.7710 16.7530 16.8450 2018-10-15 14:31:12
Want to analyze Chinese Renminbi Yuan/Icelandic Krona CNYISK or another symbol? Try our Free Forex Trend Analysis Report.