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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Chinese Yuan Renminbi Offshore/Swiss Franc (FOREX:CNHCHF)
Sidelines Mode (+55) - CNHCHF 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 CNHCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHCHF.
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 CNHCHF
The long-term trend has been UP since Nov 1st, 2024 at 0.12192455
The intermediate-term trend has been DOWN since Feb 14th, 2025 at 0.12364466
The short-term trend has been UP since Feb 19th, 2025 at 0.12427491
Smart Scan Analysis for CNHCHF
Based on our trend formula, CNHCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12402399 | 0.12421735 | 0.12362098 | 0.12379718 | -0.00022700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12378042 | 2025-02-21 17:03:24 |