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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Chinese Renminbi Yuan/Japanese Yen (FOREX:CNYJPY)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_CNYJPY
Open High Low CNYJPY Price Change
16.8835 16.8835 16.8835 16.8835 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNYJPY

long term up The long term trend has been UP since Jul 3rd, 2017 at 16.6380

intermediate term down The intermediate term trend has been DOWN since Nov 17th, 2017 at 17.0050

short term down The short term trend has been DOWN since Nov 6th, 2017 at 17.1795

Smart Scan Analysis for CNYJPY

Based on a pre-defined weighted trend formula for chart analysis, CNYJPY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CNYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.8835 16.8835 16.8835 16.8835 0.0000
Prev. Close Volume Bid Ask Time
16.8835 16.8620 16.9050 2017-11-23 00:37:33
Want to analyze Chinese Renminbi Yuan/Japanese Yen CNYJPY or another symbol? Try our Free Forex Trend Analysis Report.