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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Chinese Yuan Renminbi/Malaysian Ringt (FOREX:CNYMYR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_CNYMYR
Open High Low CNYMYR Price Change
0.59153733 0.59153733 0.59123278 0.59123278 -0.00030500
Entry Signal

MarketClub’s Trade Triangles for CNYMYR

long term up The long term trend has been UP since Oct 3rd, 2019 at 0.60487000

intermediate term up The intermediate term trend has been UP since Nov 25th, 2019 at 0.59438297

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 0.59300226

Smart Scan Analysis for CNYMYR

Based on a pre-defined weighted trend formula for chart analysis, CNYMYR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CNYMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59153733 0.59153733 0.59123278 0.59123278 -0.00030500
Prev. Close Volume Bid Ask Time
0.59153733 0.59101957 0.59144599 2019-12-07 03:50:59
Want to analyze Chinese Yuan Renminbi/Malaysian Ringt CNYMYR or another symbol? Try our Free Forex Trend Analysis Report.