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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

US Dollar/ (FOREX:USDCNH)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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
6.36275 6.36351 6.36045 6.36210 -0.00065
Entry Signal

MarketClub’s Trade Triangles for USDCNH

long term up The long term trend has been UP since May 2nd, 2018 at 6.3768

intermediate term up The intermediate term trend has been UP since Apr 25th, 2018 at 6.3214

short term up The short term trend has been UP since May 15th, 2018 at 6.3412

Smart Scan Analysis for USDCNH

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

+100
Smart Scan Analysis for USDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.36275 6.36351 6.36045 6.36210 -0.00065
Prev. Close Volume Bid Ask Time
6.36275 6.36110 6.36310 2018-05-22 02:24:44
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