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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

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
0.144770 0.144970 0.144770 0.144925 +0.000155
Entry Signal

MarketClub’s Trade Triangles for CNYUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.156515

intermediate term up The intermediate term trend has been UP since Nov 2nd, 2018 at 0.144680

short term down The short term trend has been DOWN since Dec 14th, 2018 at 0.144805

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
0.144770 0.144970 0.144770 0.144925 +0.000155
Prev. Close Volume Bid Ask Time
0.144770 0.144900 0.144950 2018-12-16 22:42:50
Want to analyze Chinese Renminbi Yuan/US Dollar CNYUSD or another symbol? Try our Free Forex Trend Analysis Report.