Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
Chinese Yuan Renminbi/Canadian Dollar (FOREX:CNYCAD)
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 CNYCAD
The long term trend has been UP since Jan 13th, 2020 at 0.18970488
The intermediate term trend has been UP since Jan 13th, 2020 at 0.18897200
The short term trend has been UP since Jan 7th, 2020 at 0.18694088
Smart Scan Analysis for CNYCAD
Based on a pre-defined weighted trend formula for chart analysis, CNYCAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19046994 | 0.19046994 | 0.19046994 | 0.19046994 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.19046994 | 0.19043050 | 0.19050937 | 2020-01-18 07:19:13 |