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Forex Trend Analysis Report

Prepared for you on Monday, February 19, 2018.

Chinese Renminbi Yuan/Special Drawing Right (FOREX:CNYSDR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_CNYSDR
Open High Low CNYSDR Price Change
0.10996 0.10996 0.10996 0.10996 0.00000
Entry Signal

MarketClub’s Trade Triangles for CNYSDR

long term up The long term trend has been UP since Sep 19th, 2017 at 0.10635

intermediate term up The intermediate term trend has been UP since Jan 2nd, 2018 at 0.10787

short term up The short term trend has been UP since Sep 19th, 2017 at 0.10586

Smart Scan Analysis for CNYSDR

Based on a pre-defined weighted trend formula for chart analysis, CNYSDR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CNYSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10996 0.10996 0.10996 0.10996 0.00000
Prev. Close Volume Bid Ask Time
0.10800 0.10996 0.10996 2018-02-07 11:11:24
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