Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
Chinese Yuan Renminbi Offshore/US Dollar (FOREX:CNHUSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 CNHUSD
The long term trend has been DOWN since May 5th, 2019 at 0.146860
The intermediate term trend has been UP since Jun 18th, 2019 at 0.144945
The short term trend has been DOWN since Jul 18th, 2019 at 0.145250
Smart Scan Analysis for CNHUSD
Based on a pre-defined weighted trend formula for chart analysis, CNHUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.14548 | 0.14551 | 0.14530 | 0.14532 | -0.00016 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.14548 | 0.14530 | 0.14534 | 2019-07-19 10:24:53 |