Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
Chinese Renminbi Yuan/New Zealand Dollar (FOREX:CNYNZD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
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MarketClub’s Trade Triangles for CNYNZD
The long term trend has been UP since Feb 10th, 2019 at 0.220445
The intermediate term trend has been DOWN since Mar 20th, 2019 at 0.216275
The short term trend has been DOWN since Mar 20th, 2019 at 0.216730
Smart Scan Analysis for CNYNZD
Based on a pre-defined weighted trend formula for chart analysis, CNYNZD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.216565 | 0.216750 | 0.215970 | 0.216490 | -0.000075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.216565 | 0.216460 | 0.216520 | 2019-03-25 09:46:38 |