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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Chinese Yuan Renminbi/Japanese Yen (FOREX:CNYJPY)

Weak Downtrend (-65) - CNYJPY is showing signs of a strengthening downtrend. Monitor CNYJPY as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CNYJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYJPY
Open High Low CNYJPY Price Change
15.110005 15.110005 15.110005 15.110005 0.000000
Entry Signal

MarketClub’s Trade Triangles for CNYJPY

long term down The long-term trend has been DOWN since Mar 5th, 2020 at 15.334975

intermediate term down The intermediate-term trend has been DOWN since Apr 27th, 2020 at 15.126240

short term down The short-term trend has been DOWN since May 22nd, 2020 at 15.096711

Smart Scan Analysis for CNYJPY

Based on our trend formula, CNYJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CNYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.110005 15.110005 15.110005 15.110005 0.000000
Prev. Close Volume Bid Ask Time
15.110005 15.090930 15.129079 2020-05-30 02:10:03
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