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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

Chinese Yuan Renminbi/Danish Krone (FOREX:CNYDKK)

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_CNYDKK
Open High Low CNYDKK Price Change
0.968335 0.968335 0.968335 0.968335 0.000000
Entry Signal

MarketClub’s Trade Triangles for CNYDKK

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 0.964370

intermediate term up The intermediate term trend has been UP since Jul 8th, 2019 at 0.966900

short term down The short term trend has been DOWN since Jul 18th, 2019 at 0.962425

Smart Scan Analysis for CNYDKK

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

-55
Smart Scan Analysis for CNYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.968335 0.968335 0.968335 0.968335 0.000000
Prev. Close Volume Bid Ask Time
0.968335 0.962060 0.974610 2019-07-21 00:13:04
Want to analyze Chinese Yuan Renminbi/Danish Krone CNYDKK or another symbol? Try our Free Forex Trend Analysis Report.