Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

Canadian Dollar/Chinese Yuan Renminbi Offshore (FOREX:CADCNH)

Strong Uptrend (+100) - CADCNH is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADCNH continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_CADCNH
Open High Low CADCNH Price Change
5.7380 5.7380 5.4465 5.4465 -0.2915
Entry Signal

MarketClub’s Trade Triangles for CADCNH

long term up The long-term trend has been UP since Feb 24th, 2021 at 5.1337

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2021 at 5.0958

short term up The short-term trend has been UP since Feb 24th, 2021 at 5.0958

Smart Scan Analysis for CADCNH

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

+100
Smart Scan Analysis for CADCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.7380 5.7380 5.4465 5.4465 -0.2915
Prev. Close Volume Bid Ask Time
5.7380 2021-02-24 20:52:50
Get a free daily analysis and signals for Canadian Dollar/Chinese Yuan Renminbi Offshore (CADCNH) - Request Your Free Report.