Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.


Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

Open High Low USDCLY Price Change
6.908 6.908 6.908 6.908 0.000
Entry Signal

MarketClub’s Trade Triangles for USDCLY

long term down The long term trend has been DOWN since Dec 4th, 2018 at 6.8500

intermediate term down The intermediate term trend has been DOWN since Nov 2nd, 2018 at 6.9225

short term up The short term trend has been UP since Dec 11th, 2018 at 6.8825

Smart Scan Analysis for USDCLY

Based on a pre-defined weighted trend formula for chart analysis, USDCLY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDCLY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.908 6.908 6.908 6.908 0.000
Prev. Close Volume Bid Ask Time
6.908 6.905 6.911 2018-12-14 18:07:33
Want to analyze US Dollar/ USDCLY or another symbol? Try our Free Forex Trend Analysis Report.