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Forex Trend Analysis Report

Prepared for you on Sunday, October 21, 2018.

US Dollar/ (FOREX:USDCNH)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
6.9393 6.9417 6.9254 6.9352 -0.0041
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 Sep 17th, 2018 at 6.88904

short term up The short term trend has been UP since Oct 17th, 2018 at 6.93060

Smart Scan Analysis for USDCNH

Based on a pre-defined weighted trend formula for chart analysis, USDCNH scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.9393 6.9417 6.9254 6.9352 -0.0041
Prev. Close Volume Bid Ask Time
6.9393 6.9342 6.9362 2018-10-19 18:32:47
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