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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Chinese Yuan Renminbi/Euro (FOREX:CNYEUR)

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_CNYEUR
Open High Low CNYEUR Price Change
0.129115 0.129580 0.129115 0.129580 +0.000465
Entry Signal

MarketClub’s Trade Triangles for CNYEUR

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 0.129145

intermediate term up The intermediate term trend has been UP since Jul 8th, 2019 at 0.129485

short term down The short term trend has been DOWN since Jul 18th, 2019 at 0.128900

Smart Scan Analysis for CNYEUR

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

+55
Smart Scan Analysis for CNYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.129115 0.129580 0.129115 0.129580 +0.000465
Prev. Close Volume Bid Ask Time
0.129115 0.129530 0.129630 2019-07-19 10:28:17
Want to analyze Chinese Yuan Renminbi/Euro CNYEUR or another symbol? Try our Free Forex Trend Analysis Report.