EURCNY Analysis
Fibonacci Analysis:
Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days)
and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend
will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts
will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time Frame | Trend | 38.2% | 50% | 61.8% |
Long | 7.5436 to 7.9727 | . | . | 7.7028 (62.90%) |
Intermediate | 7.7987 to 7.9727 | . | . | 7.7028 (155.11%) |
Short | 7.9273 to 7.6998 | 7.7479 (21.14%) | . | . |