Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Chinese Yuan Renminbi/Swiss Franc (FOREX:CNYCHF)

Countertrend Up (+85) - CNYCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid CNYCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	CNYCHF Price	Change
0.12827172	0.12856595	0.12795922	0.12842996	+0.00015800
Entry Signal

MarketClub’s Trade Triangles for CNYCHF

The long-term trend has been UP since Apr 2nd, 2024 at 0.12783531

The intermediate-term trend has been UP since Feb 13th, 2024 at 0.12373497

The short-term trend has been DOWN since Apr 15th, 2024 at 0.12798627

Smart Scan Analysis for CNYCHF

Based on our trend formula, CNYCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.12827172	0.12856595	0.12795922	0.12842996	+0.00015800
Prev. Close	Volume	Bid	Ask	Time
0.12827172				2024-04-18 13:04:32

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