Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

Chinese Yuan Renminbi/Indonesian Rupiah (FOREX:CNYIDR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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_CNYIDR
Open High Low CNYIDR Price Change
1992.0968 1992.0968 1992.0968 1992.0968 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNYIDR

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 2061.7000

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2020 at 1980.6195

short term up The short term trend has been UP since Jan 17th, 2020 at 1989.6336

Smart Scan Analysis for CNYIDR

Based on a pre-defined weighted trend formula for chart analysis, CNYIDR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for CNYIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1992.0968 1992.0968 1992.0968 1992.0968 0.0000
Prev. Close Volume Bid Ask Time
1992.0968 1961.8635 2022.3301 2020-01-18 10:29:30
Get a free daily report for Chinese Yuan Renminbi/Indonesian Rupiah (CNYIDR) - Free Trend Analysis Report.