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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.

FOREX_CNYINR
Open High Low CNYINR Price Change
10.07100 10.07100 9.97435 10.02100 -0.05000
Entry Signal

MarketClub’s Trade Triangles for CNYINR

long term down The long term trend has been DOWN since May 16th, 2019 at 10.1765

intermediate term up The intermediate term trend has been UP since Sep 16th, 2019 at 10.1280

short term down 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).

-65
Smart Scan Analysis for CNYINR
Strong Downtrend Sideways 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
Want to analyze Chinese Yuan Renminbi/Indian Rupee CNYINR or another symbol? Try our Free Forex Trend Analysis Report.