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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Chinese Yuan Renminbi/Australian Dollar (FOREX:CNYAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_CNYAUD
Open High Low CNYAUD Price Change
0.20808563 0.20827544 0.20724148 0.20788514 -0.00020000
Entry Signal

MarketClub’s Trade Triangles for CNYAUD

long term up The long term trend has been UP since Dec 1st, 2019 at 0.21048150

intermediate term down The intermediate term trend has been DOWN since Dec 2nd, 2019 at 0.20780757

short term up The short term trend has been UP since Dec 6th, 2019 at 0.20810189

Smart Scan Analysis for CNYAUD

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

-55
Smart Scan Analysis for CNYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20808563 0.20827544 0.20724148 0.20788514 -0.00020000
Prev. Close Volume Bid Ask Time
0.20808563 0.20787230 0.20789798 2019-12-09 13:15:06
Want to analyze Chinese Yuan Renminbi/Australian Dollar CNYAUD or another symbol? Try our Free Forex Trend Analysis Report.