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Forex Trend Analysis Report

Prepared for you on Monday, February 19, 2018.

Chinese Renminbi Yuan/US Dollar (FOREX:CNYUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_CNYUSD
Open High Low CNYUSD Price Change
0.157775 0.157795 0.156515 0.157515 -0.000260
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 down The intermediate term trend has been DOWN since Feb 19th, 2018 at 0.157275

short term down The short term trend has been DOWN since Feb 8th, 2018 at 0.158720

Smart Scan Analysis for CNYUSD

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

-70
Smart Scan Analysis for CNYUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.157775 0.157795 0.156515 0.157515 -0.000260
Prev. Close Volume Bid Ask Time
0.157775 0.157510 0.157520 2018-02-19 14:37:39
Want to analyze Chinese Renminbi Yuan/US Dollar CNYUSD or another symbol? Try our Free Forex Trend Analysis Report.