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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Chinese Renminbi Yuan/Euro (FOREX:CNYEUR)

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_CNYEUR
Open High Low CNYEUR Price Change
0.131235 0.131235 0.131045 0.131100 -0.000135
Entry Signal

MarketClub’s Trade Triangles for CNYEUR

long term up The long term trend has been UP since Dec 3rd, 2018 at 0.128090

intermediate term down The intermediate term trend has been DOWN since Mar 20th, 2019 at 0.130795

short term up The short term trend has been UP since Mar 20th, 2019 at 0.131545

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
0.131235 0.131235 0.131045 0.131100 -0.000135
Prev. Close Volume Bid Ask Time
0.131235 0.130930 0.131270 2019-03-22 02:33:41
Want to analyze Chinese Renminbi Yuan/Euro CNYEUR or another symbol? Try our Free Forex Trend Analysis Report.