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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

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.

FOREX_CNHEUR
Open High Low CNHEUR Price Change
0.12708895 0.12711051 0.12687723 0.12709323 +0.00000400
Entry Signal

MarketClub’s Trade Triangles for CNHEUR

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

intermediate term down The intermediate-term trend has been DOWN since Nov 27th, 2020 at 0.12711488

short term down The short-term trend has been DOWN since Nov 19th, 2020 at 0.12824023

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
Smart Scan Analysis for CNHEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12708895 0.12711051 0.12687723 0.12709323 +0.00000400
Prev. Close Volume Bid Ask Time
0.12708895 2020-11-30 05:55:32
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