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Forex Trend Analysis Report

Prepared for you on Saturday, September 23, 2017.

Chinese Renminbi Yuan/US Dollar (FOREX:CNYUSD)

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_CNYUSD
Open High Low CNYUSD Price Change
0.151925 0.152035 0.151575 0.151645 -0.000280
Entry Signal

MarketClub’s Trade Triangles for CNYUSD

long term up The long term trend has been UP since Apr 23rd, 2017 at 0.146635

intermediate term up The intermediate term trend has been UP since Jul 11th, 2017 at 0.147885

short term down The short term trend has been DOWN since Sep 20th, 2017 at 0.151550

Smart Scan Analysis for CNYUSD

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

+55
Smart Scan Analysis for CNYUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.151925 0.152035 0.151575 0.151645 -0.000280
Prev. Close Volume Bid Ask Time
0.151925 0.151610 0.151680 2017-09-22 18:58:59
Want to analyze Chinese Renminbi Yuan/US Dollar CNYUSD or another symbol? Try our Free Forex Trend Analysis Report.