Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Chinese Yuan Renminbi/Indian Rupee (FOREX:CNYINR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.
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MarketClub’s Trade Triangles for CNYINR
The long term trend has been DOWN since May 16th, 2019 at 10.1765
The intermediate term trend has been UP since Sep 16th, 2019 at 10.1280
The short term trend has been DOWN since Sep 20th, 2019 at 10.0125
Smart Scan Analysis for CNYINR
Based on a pre-defined weighted trend formula for chart analysis, CNYINR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.07100 | 10.07100 | 9.97435 | 10.02100 | -0.05000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.07100 | 10.01100 | 10.03100 | 2019-09-20 17:44:16 |