Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
Chinese Yuan Renminbi/Australian Dollar (FOREX:CNYAUD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 CNYAUD
The long term trend has been UP since Aug 1st, 2019 at 0.213210
The intermediate term trend has been UP since Jul 26th, 2019 at 0.210205
The short term trend has been UP since Aug 14th, 2019 at 0.210655
Smart Scan Analysis for CNYAUD
Based on a pre-defined weighted trend formula for chart analysis, CNYAUD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.209550 | 0.210230 | 0.209085 | 0.209660 | +0.000110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.209550 | 0.209630 | 0.209690 | 2019-08-19 18:37:28 |