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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Chinese Yuan Renminbi/Polish New Zloty (FOREX:CNYPLN)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_CNYPLN
Open High Low CNYPLN Price Change
0.555325 0.556940 0.555325 0.556940 +0.001615
Entry Signal

MarketClub’s Trade Triangles for CNYPLN

long term up The long term trend has been UP since Dec 4th, 2018 at 0.551255

intermediate term down The intermediate term trend has been DOWN since May 9th, 2019 at 0.562460

short term down The short term trend has been DOWN since May 24th, 2019 at 0.556815

Smart Scan Analysis for CNYPLN

Based on a pre-defined weighted trend formula for chart analysis, CNYPLN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CNYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.555325 0.556940 0.555325 0.556940 +0.001615
Prev. Close Volume Bid Ask Time
0.555325 0.547870 0.566010 2019-05-25 22:57:52
Want to analyze Chinese Yuan Renminbi/Polish New Zloty CNYPLN or another symbol? Try our Free Forex Trend Analysis Report.