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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

New Zealand Dollar/Chinese Yuan Renminbi (FOREX:NZDCNY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_NZDCNY
Open High Low NZDCNY Price Change
4.6200980 4.6200980 4.6200980 4.6200980 0.0000000
Entry Signal

MarketClub’s Trade Triangles for NZDCNY

long term up The long term trend has been UP since Dec 3rd, 2019 at 4.5916000

intermediate term up The intermediate term trend has been UP since Dec 2nd, 2019 at 4.5355139

short term up The short term trend has been UP since Nov 11th, 2019 at 4.4576632

Smart Scan Analysis for NZDCNY

Based on a pre-defined weighted trend formula for chart analysis, NZDCNY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for NZDCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6200980 4.6200980 4.6200980 4.6200980 0.0000000
Prev. Close Volume Bid Ask Time
4.6200980 4.6141606 4.6260353 2019-12-07 12:12:29
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