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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Chinese Yuan Renminbi/ (FOREX:CNYXDR)

Bear Market Rally (-75) - CNYXDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNYXDR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ?

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

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

FOREX_CNYXDR
Open High Low CNYXDR Price Change
0.10487545 0.10487545 0.10487545 0.10487545 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CNYXDR

long term down The long-term trend has been DOWN since Jan 21st, 2020 at 0.10567203

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2020 at 0.10567203

short term up The short-term trend has been UP since Feb 10th, 2020 at 0.10433876

Smart Scan Analysis for CNYXDR

Based on our trend formula, CNYXDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CNYXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10487545 0.10487545 0.10487545 0.10487545 0.00000000
Prev. Close Volume Bid Ask Time
0.10478242 0.10487545 0.10487545 2020-02-10 21:01:16
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