
Forex Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
Chinese Yuan Renminbi Offshore/British Pound (FOREX:CNHGBP)
Bull Market Weakness (+75) - CNHGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNHGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CNHGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHGBP.
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 CNHGBP
The long-term trend has been DOWN since Oct 25th, 2022 at 0.11994046
The intermediate-term trend has been UP since Sep 1st, 2023 at 0.10926388
The short-term trend has been UP since Sep 20th, 2023 at 0.11093190
Smart Scan Analysis for CNHGBP
Based on our trend formula, CNHGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
0.11212296 | 0.11216056 | 0.11210197 | 0.11212925 | +0.00000600 |
Prev. Close | Volume | Bid | Ask | Time |
0.11212296 | 2023-09-26 00:40:59 |