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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

Chinese Yuan Renminbi/Japanese Yen (FOREX:CNYJPY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_CNYJPY
Open High Low CNYJPY Price Change
15.6895 15.6895 15.6895 15.6895 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNYJPY

long term down The long term trend has been DOWN since May 9th, 2019 at 16.1490

intermediate term up The intermediate term trend has been UP since Jun 30th, 2019 at 15.7780

short term down The short term trend has been DOWN since Jul 12th, 2019 at 15.7135

Smart Scan Analysis for CNYJPY

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

-75
Smart Scan Analysis for CNYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.6895 15.6895 15.6895 15.6895 0.0000
Prev. Close Volume Bid Ask Time
15.6895 15.5880 15.7910 2019-07-21 00:25:58
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