Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Chinese Yuan Renminbi/British Pound (FOREX:CNYGBP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

FOREX_CNYGBP
Open High Low CNYGBP Price Change
0.11136185 0.11192768 0.11117510 0.11179039 +0.00042900
Entry Signal

MarketClub’s Trade Triangles for CNYGBP

long term down The long term trend has been DOWN since Sep 13th, 2019 at 0.11328000

intermediate term up The intermediate term trend has been UP since Dec 23rd, 2019 at 0.11021796

short term up The short term trend has been UP since Jan 3rd, 2020 at 0.10949901

Smart Scan Analysis for CNYGBP

Based on a pre-defined weighted trend formula for chart analysis, CNYGBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CNYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11136185 0.11192768 0.11117510 0.11179039 +0.00042900
Prev. Close Volume Bid Ask Time
0.11136185 0.11177409 0.11180669 2020-01-17 09:59:26
Get a free daily report for Chinese Yuan Renminbi/British Pound (CNYGBP) - Free Trend Analysis Report.