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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Chinese Yuan Renminbi/Euro (FOREX:CNYEUR)

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_CNYEUR
Open High Low CNYEUR Price Change
0.13144946 0.13144946 0.13144946 0.13144946 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CNYEUR

long term up The long term trend has been UP since Jan 8th, 2020 at 0.12983513

intermediate term up The intermediate term trend has been UP since Jan 7th, 2020 at 0.12894762

short term up The short term trend has been UP since Jan 2nd, 2020 at 0.12837665

Smart Scan Analysis for CNYEUR

Based on a pre-defined weighted trend formula for chart analysis, CNYEUR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CNYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13144946 0.13144946 0.13144946 0.13144946 0.00000000
Prev. Close Volume Bid Ask Time
0.13144946 0.13127667 0.13162224 2020-01-20 01:16:53
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