Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 2, 2025.
Canadian Dollar/Chinese Yuan Renminbi Offshore (FOREX:CADCNH)
Bull Market Weakness (+75) - CADCNH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADCNH as it may be in the beginning stages of a reversal.
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 Mar 25th, 2025 at 5.0839982
The short-term trend has been UP since Apr 1st, 2025 at 5.0905847
Smart Scan Analysis for CADCNH
Based on our trend formula, CADCNH is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.0890186 | 5.0911615 | 5.0844234 | 5.0885499 | -0.0004690 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.0890186 | 2025-04-02 02:48:04 |