Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

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

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_CNYSDR
Open High Low CNYSDR Price Change
0.10721 0.10721 0.10721 0.10721 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 down The intermediate term trend has been DOWN since Sep 28th, 2017 at 0.10669

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 -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CNYSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10721 0.10721 0.10721 0.10721 0.00000
Prev. Close Volume Bid Ask Time
0.10679 0.10721 0.10721 2017-11-20 19:34:31
Want to analyze Chinese Renminbi Yuan/Special Drawing Right CNYSDR or another symbol? Try our Free Forex Trend Analysis Report.