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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.

FOREX_CNYCAD
Open High Low CNYCAD Price Change
0.19046994 0.19046994 0.19046994 0.19046994 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CNYCAD

long term up The long term trend has been UP since Jan 13th, 2020 at 0.18970488

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 0.18897200

short term up 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).

+90
Smart Scan Analysis for CNYCAD
Strong Downtrend Sideways 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
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