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Forex Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

Chinese Yuan Renminbi Offshore/Indonesian Rupiah (FOREX:CNHIDR)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_CNHIDR
Open High Low CNHIDR Price Change
2015 2015 2015 2015 0
Entry Signal

MarketClub’s Trade Triangles for CNHIDR

long term down The long term trend has been DOWN since Sep 3rd, 2019 at 1993

intermediate term up The intermediate term trend has been UP since Nov 8th, 2019 at 2002

short term up The short term trend has been UP since Nov 6th, 2019 at 1995

Smart Scan Analysis for CNHIDR

Based on a pre-defined weighted trend formula for chart analysis, CNHIDR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for CNHIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2015 2015 2015 2015 0
Prev. Close Volume Bid Ask Time
2015 2010 2020 2019-11-11 12:34:18
Want to analyze Chinese Yuan Renminbi Offshore/Indonesian Rupiah CNHIDR or another symbol? Try our Free Forex Trend Analysis Report.