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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Chinese Yuan Renminbi Offshore/Euro (FOREX:CNHEUR)
Bull Market Weakness (+75) - CNHEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNHEUR as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for CNHEUR
The long-term trend has been UP since Oct 7th, 2024 at 0.12894948
The intermediate-term trend has been UP since Sep 23rd, 2024 at 0.12772181
The short-term trend has been DOWN since Jan 20th, 2025 at 0.13192638
Smart Scan Analysis for CNHEUR
Based on our trend formula, CNHEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13251738 | 0.13258538 | 0.13165742 | 0.13213426 | -0.00038300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13251738 | 2025-01-20 09:41:43 |