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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

US Dollar/ (FOREX:USDCNH)

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_USDCNH
Open High Low USDCNH Price Change
6.87917 6.88283 6.82810 6.83540 -0.04377
Entry Signal

MarketClub’s Trade Triangles for USDCNH

long term up The long term trend has been UP since May 2nd, 2018 at 6.37680

intermediate term up The intermediate term trend has been UP since Apr 25th, 2018 at 6.32140

short term down The short term trend has been DOWN since Aug 16th, 2018 at 6.87595

Smart Scan Analysis for USDCNH

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

+55
Smart Scan Analysis for USDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.87917 6.88283 6.82810 6.83540 -0.04377
Prev. Close Volume Bid Ask Time
6.87917 6.83280 6.83800 2018-08-17 18:30:20
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