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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Canadian Dollar/Chinese Yuan Renminbi (FOREX:CADCNY)
Sidelines Mode (+55) - CADCNY 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 CADCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADCNY.
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 CADCNY
The long-term trend has been UP since Feb 26th, 2025 at 5.2003346
The intermediate-term trend has been UP since Mar 25th, 2025 at 5.0843524
The short-term trend has been DOWN since Mar 28th, 2025 at 5.0609992
Smart Scan Analysis for CADCNY
Based on our trend formula, CADCNY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.0728808 | 5.0755217 | 5.0416099 | 5.0440977 | -0.0287830 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.0728808 | 2025-03-31 17:14:38 |