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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

Chinese Yuan Renminbi Offshore/Euro (FOREX:CNHEUR)

Sidelines Mode (-55) - CNHEUR 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 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.

FOREX_CNHEUR
Open High Low CNHEUR Price Change
0.14187637 0.14213146 0.14160054 0.14173615 -0.00014000
Entry Signal

MarketClub’s Trade Triangles for CNHEUR

long term down The long-term trend has been DOWN since May 29th, 2022 at 0.13693706

intermediate term up The intermediate-term trend has been UP since Jun 5th, 2022 at 0.14171050

short term down The short-term trend has been DOWN since Jun 21st, 2022 at 0.14159854

Smart Scan Analysis for CNHEUR

Based on our trend formula, CNHEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CNHEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14187637 0.14213146 0.14160054 0.14173615 -0.00014000
Prev. Close Volume Bid Ask Time
0.14187637 2022-06-24 17:02:30
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