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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Canadian Dollar/Chinese Yuan Renminbi Offshore (FOREX:CADCNH)
Sidelines Mode (-55) - CADCNH is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for CADCNH
The long-term trend has been DOWN since Dec 25th, 2024 at 5.0610678
The intermediate-term trend has been UP since Feb 11th, 2025 at 5.1173467
The short-term trend has been DOWN since Feb 19th, 2025 at 5.1126954
Smart Scan Analysis for CADCNH
Based on our trend formula, CADCNH is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.0953185 | 5.0953185 | 5.0952132 | 5.0952132 | -0.0001050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.0953185 | 2025-02-22 03:14:55 |