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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Chinese Yuan Renminbi Offshore/Swiss Franc (FOREX:CNHCHF)
Strong Uptrend (+100) - CNHCHF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNHCHF 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 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 UP since Dec 24th, 2024 at 0.12327230
The short-term trend has been UP since Jan 19th, 2025 at 0.12470379
Smart Scan Analysis for CNHCHF
Based on our trend formula, CNHCHF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12465563 | 0.12502929 | 0.12427947 | 0.12483664 | +0.00018100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12465563 | 2025-01-20 09:53:16 |