Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Chinese Renminbi Yuan/ (FOREX:CNYSRD)

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_CNYSRD
Open High Low CNYSRD Price Change
1.0945 1.0945 1.0945 1.0945 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNYSRD

long term up The long term trend has been UP since Jan 10th, 2019 at 1.083

intermediate term up The intermediate term trend has been UP since Dec 4th, 2018 at 1.066

short term up The short term trend has been UP since Jan 8th, 2019 at 1.073

Smart Scan Analysis for CNYSRD

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

+70
Smart Scan Analysis for CNYSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0945 1.0945 1.0945 1.0945 0.0000
Prev. Close Volume Bid Ask Time
1.0945 1.0770 1.1120 2019-01-17 03:41:16
Want to analyze Chinese Renminbi Yuan/ CNYSRD or another symbol? Try our Free Forex Trend Analysis Report.