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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Chinese Yuan Renminbi/British Pound (FOREX:CNYGBP)

Weak Uptrend (+65) - CNYGBP is showing signs of weakening momentum to the upside. Monitor CNYGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNYGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYGBP
Open High Low CNYGBP Price Change
0.11314003 0.11331593 0.11305963 0.11320066 +0.00006100
Entry Signal

MarketClub’s Trade Triangles for CNYGBP

long term up The long-term trend has been UP since Jun 18th, 2021 at 0.11206643

intermediate term up The intermediate-term trend has been UP since Sep 19th, 2021 at 0.11270625

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 0.11359549

Smart Scan Analysis for CNYGBP

Based on our trend formula, CNYGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CNYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11314003 0.11331593 0.11305963 0.11320066 +0.00006100
Prev. Close Volume Bid Ask Time
0.11314003 2021-10-18 06:45:56
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