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Forex Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

Chinese Yuan Renminbi/Japanese Yen (FOREX:CNYJPY)

Bull Market Weakness (+75) - CNYJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNYJPY as it may be in the beginning stages of a reversal.

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
15.830912 15.830912 15.830912 15.830912 0.000000
Entry Signal

MarketClub’s Trade Triangles for CNYJPY

long term up The long-term trend has been UP since Aug 27th, 2020 at 15.526692

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 15.843429

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 15.795034

Smart Scan Analysis for CNYJPY

Based on our trend formula, CNYJPY is rated as a +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
15.830912 15.830912 15.830912 15.830912 0.000000
Prev. Close Volume Bid Ask Time
15.830912 2020-11-28 14:32:22
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