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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Australian Dollar/Chinese Yuan Renminbi Offshore (FOREX:AUDCNH)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_AUDCNH
Open High Low AUDCNH Price Change
4.717440 4.718410 4.713915 4.715185 -0.002255
Entry Signal

MarketClub’s Trade Triangles for AUDCNH

long term down The long term trend has been DOWN since Jan 9th, 2020 at 4.750400

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 4.784205

short term down The short term trend has been DOWN since Jan 2nd, 2020 at 4.875755

Smart Scan Analysis for AUDCNH

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

-100
Smart Scan Analysis for AUDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.717440 4.718410 4.713915 4.715185 -0.002255
Prev. Close Volume Bid Ask Time
4.717440 4.714600 4.715770 2020-01-20 00:55:43
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