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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Chinese Renminbi Yuan/ (FOREX:CNYSRD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_CNYSRD
Open High Low CNYSRD Price Change
1.1035 1.1035 1.1035 1.1035 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNYSRD

long term up The long term trend has been UP since Jan 10th, 2019 at 1.0830

intermediate term down The intermediate term trend has been DOWN since Mar 12th, 2019 at 1.1045

short term up The short term trend has been UP since Feb 28th, 2019 at 1.0975

Smart Scan Analysis for CNYSRD

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

-55
Smart Scan Analysis for CNYSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1035 1.1035 1.1035 1.1035 0.0000
Prev. Close Volume Bid Ask Time
1.1025 1.0860 1.1210 2019-03-13 04:51:50
Want to analyze Chinese Renminbi Yuan/ CNYSRD or another symbol? Try our Free Forex Trend Analysis Report.