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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Chinese Renminbi Yuan/Icelandic Krona (FOREX:CNYISK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

Open High Low CNYISK Price Change
17.5985 17.8685 17.5675 17.8440 +0.2455
Entry Signal

MarketClub’s Trade Triangles for CNYISK

long term up The long term trend has been UP since Oct 10th, 2018 at 16.8230

intermediate term down The intermediate term trend has been DOWN since Mar 15th, 2019 at 17.5465

short term up The short term trend has been UP since Mar 21st, 2019 at 17.5245

Smart Scan Analysis for CNYISK

Based on a pre-defined weighted trend formula for chart analysis, CNYISK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CNYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.5985 17.8685 17.5675 17.8440 +0.2455
Prev. Close Volume Bid Ask Time
17.5985 17.7970 17.8910 2019-03-22 14:37:19
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