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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Canadian Dollar/Chinese Yuan Renminbi (FOREX:CADCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_CADCNY
Open High Low CADCNY Price Change
5.35115 5.35115 5.35115 5.35115 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADCNY

long term up The long term trend has been UP since May 22nd, 2019 at 5.16120

intermediate term up The intermediate term trend has been UP since Aug 5th, 2019 at 5.28505

short term down The short term trend has been DOWN since Sep 12th, 2019 at 5.38125

Smart Scan Analysis for CADCNY

Based on a pre-defined weighted trend formula for chart analysis, CADCNY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CADCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.35115 5.35115 5.35115 5.35115 0.00000
Prev. Close Volume Bid Ask Time
5.35115 5.34430 5.35800 2019-09-21 13:15:32
Want to analyze Canadian Dollar/Chinese Yuan Renminbi CADCNY or another symbol? Try our Free Forex Trend Analysis Report.