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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Chinese Renminbi Yuan/Swiss Franc (FOREX:CNYCHF)

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_CNYCHF
Open High Low CNYCHF Price Change
0.148350 0.148815 0.148150 0.148320 -0.000030
Entry Signal

MarketClub’s Trade Triangles for CNYCHF

long term down The long term trend has been DOWN since Jan 1st, 2019 at 0.14222

intermediate term up The intermediate term trend has been UP since Jan 29th, 2019 at 0.14757

short term down The short term trend has been DOWN since Feb 11th, 2019 at 0.14815

Smart Scan Analysis for CNYCHF

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

-55
Smart Scan Analysis for CNYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.148350 0.148815 0.148150 0.148320 -0.000030
Prev. Close Volume Bid Ask Time
0.148350 0.148300 0.148340 2019-02-15 18:25:30
Want to analyze Chinese Renminbi Yuan/Swiss Franc CNYCHF or another symbol? Try our Free Forex Trend Analysis Report.