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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2019.

Chinese Yuan Renminbi/Indian Rupee (FOREX:CNYINR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
10.3605 10.3605 10.3415 10.3520 -0.0085
Entry Signal

MarketClub’s Trade Triangles for CNYINR

long term up The long term trend has been UP since Sep 18th, 2018 at 10.6050

intermediate term up The intermediate term trend has been UP since Apr 8th, 2019 at 10.3465

short term up The short term trend has been UP since Apr 15th, 2019 at 10.3285

Smart Scan Analysis for CNYINR

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

+100
Smart Scan Analysis for CNYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.3605 10.3605 10.3415 10.3520 -0.0085
Prev. Close Volume Bid Ask Time
10.3605 10.3490 10.3550 2019-04-19 14:13:21
Want to analyze Chinese Yuan Renminbi/Indian Rupee CNYINR or another symbol? Try our Free Forex Trend Analysis Report.