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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Chinese Renminbi Yuan/New Zealand Dollar (FOREX:CNYNZD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_CNYNZD
Open High Low CNYNZD Price Change
0.21908 0.21908 0.21908 0.21908 0.00000
Entry Signal

MarketClub’s Trade Triangles for CNYNZD

long term down The long term trend has been DOWN since Nov 6th, 2018 at 0.21510

intermediate term up The intermediate term trend has been UP since Dec 13th, 2018 at 0.21350

short term up The short term trend has been UP since Jan 16th, 2019 at 0.21757

Smart Scan Analysis for CNYNZD

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

+60
Smart Scan Analysis for CNYNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21908 0.21908 0.21908 0.21908 0.00000
Prev. Close Volume Bid Ask Time
0.21908 0.21900 0.21916 2019-01-19 15:17:41
Want to analyze Chinese Renminbi Yuan/New Zealand Dollar CNYNZD or another symbol? Try our Free Forex Trend Analysis Report.