Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

Chinese Yuan Renminbi Offshore/Euro (FOREX:CNHEUR)

Crossroads (-60) - CNHEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CNHEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNHEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	CNHEUR Price	Change
0.12693150	0.12783272	0.12687240	0.12783272	+0.00090100
Entry Signal

MarketClub’s Trade Triangles for CNHEUR

The long-term trend has been UP since Sep 1st, 2020 at 0.12274465

The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.12741126

The short-term trend has been DOWN since Feb 18th, 2021 at 0.12807746

Smart Scan Analysis for CNHEUR

Based on our trend formula, CNHEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.12693150	0.12783272	0.12687240	0.12783272	+0.00090100
Prev. Close	Volume	Bid	Ask	Time
0.12693150				2021-02-26 17:11:41

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