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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Chinese Yuan Renminbi/Thai Baht (FOREX:CNYTHB)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

FOREX_CNYTHB
Open High Low CNYTHB Price Change
4.2966 4.2966 4.2966 4.2966 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNYTHB

long term down The long term trend has been DOWN since May 13th, 2019 at 4.60155

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2019 at 4.45005

short term down The short term trend has been DOWN since Sep 19th, 2019 at 4.29915

Smart Scan Analysis for CNYTHB

Based on a pre-defined weighted trend formula for chart analysis, CNYTHB scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for CNYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2966 4.2966 4.2966 4.2966 0.0000
Prev. Close Volume Bid Ask Time
4.2966 4.2921 4.3011 2019-09-21 13:20:44
Want to analyze Chinese Yuan Renminbi/Thai Baht CNYTHB or another symbol? Try our Free Forex Trend Analysis Report.