Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
/Japanese Yen (FOREX:CNHJPY)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
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MarketClub’s Trade Triangles for CNHJPY
The long term trend has been UP since Feb 21st, 2019 at 16.56190
The intermediate term trend has been UP since Jan 18th, 2019 at 16.17500
The short term trend has been UP since Feb 19th, 2019 at 16.34975
Smart Scan Analysis for CNHJPY
Based on a pre-defined weighted trend formula for chart analysis, CNHJPY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.54045 | 16.56295 | 16.46145 | 16.46375 | -0.07670 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.54045 | 16.46200 | 16.46550 | 2019-02-21 05:49:40 |