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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2019.

Chinese Yuan Renminbi/Australian Dollar (FOREX:CNYAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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
0.208095 0.208775 0.207780 0.208685 +0.000590
Entry Signal

MarketClub’s Trade Triangles for CNYAUD

long term up The long term trend has been UP since Dec 27th, 2018 at 0.206695

intermediate term down The intermediate term trend has been DOWN since Mar 26th, 2019 at 0.208385

short term up The short term trend has been UP since Apr 18th, 2019 at 0.208750

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
0.208095 0.208775 0.207780 0.208685 +0.000590
Prev. Close Volume Bid Ask Time
0.208095 0.208670 0.208700 2019-04-18 15:24:53
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