Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Chinese Renminbi Yuan/Polish New Zloty (FOREX:CNYPLN)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_CNYPLN
Open High Low CNYPLN Price Change
0.544690 0.545710 0.544000 0.545105 +0.000415
Entry Signal

MarketClub’s Trade Triangles for CNYPLN

long term down The long term trend has been DOWN since Sep 20th, 2018 at 0.533190

intermediate term up The intermediate term trend has been UP since Oct 4th, 2018 at 0.546475

short term up The short term trend has been UP since Nov 18th, 2018 at 0.548670

Smart Scan Analysis for CNYPLN

Based on a pre-defined weighted trend formula for chart analysis, CNYPLN scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for CNYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.544690 0.545710 0.544000 0.545105 +0.000415
Prev. Close Volume Bid Ask Time
0.544690 0.544990 0.545220 2018-11-19 07:02:51
Want to analyze Chinese Renminbi Yuan/Polish New Zloty CNYPLN or another symbol? Try our Free Forex Trend Analysis Report.