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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Chinese Yuan Renminbi/Euro (FOREX:CNYEUR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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
0.128235 0.128235 0.127980 0.127995 -0.000240
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 Sep 12th, 2019 at 0.128395

short term up The short term trend has been UP since Sep 6th, 2019 at 0.127465

Smart Scan Analysis for CNYEUR

Based on a pre-defined weighted trend formula for chart analysis, CNYEUR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CNYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.128235 0.128235 0.127980 0.127995 -0.000240
Prev. Close Volume Bid Ask Time
0.128235 0.127960 0.128030 2019-09-17 04:52:00
Want to analyze Chinese Yuan Renminbi/Euro CNYEUR or another symbol? Try our Free Forex Trend Analysis Report.