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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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
0.529935 0.534840 0.529935 0.534710 +0.004775
Entry Signal

MarketClub’s Trade Triangles for CNYPLN

long term down The long term trend has been DOWN since Dec 31st, 2017 at 0.533065

intermediate term down The intermediate term trend has been DOWN since Feb 15th, 2018 at 0.524815

short term up The short term trend has been UP since Feb 20th, 2018 at 0.528475

Smart Scan Analysis for CNYPLN

Based on a pre-defined weighted trend formula for chart analysis, CNYPLN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CNYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.529935 0.534840 0.529935 0.534710 +0.004775
Prev. Close Volume Bid Ask Time
0.529935 0.534540 0.534880 2018-02-21 13:55:54
Want to analyze Chinese Renminbi Yuan/Polish New Zloty CNYPLN or another symbol? Try our Free Forex Trend Analysis Report.