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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Chinese Renminbi Yuan/Singapore Dollar (FOREX:CNYSGD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_CNYSGD
Open High Low CNYSGD Price Change
0.198940 0.199155 0.198735 0.198875 -0.000065
Entry Signal

MarketClub’s Trade Triangles for CNYSGD

long term down The long term trend has been DOWN since Jun 26th, 2018 at 0.206990

intermediate term up The intermediate term trend has been UP since Dec 4th, 2018 at 0.199550

short term down The short term trend has been DOWN since Dec 10th, 2018 at 0.198745

Smart Scan Analysis for CNYSGD

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

+55
Smart Scan Analysis for CNYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.198940 0.199155 0.198735 0.198875 -0.000065
Prev. Close Volume Bid Ask Time
0.198940 0.198850 0.198900 2018-12-11 08:05:01
Want to analyze Chinese Renminbi Yuan/Singapore Dollar CNYSGD or another symbol? Try our Free Forex Trend Analysis Report.