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Forex Trend Analysis Report

Prepared for you on Monday, January 13, 2025.

Chinese Yuan Renminbi Offshore/British Pound (FOREX:CNHGBP)

Long-Term Uptrend (+90) - CNHGBP is in a strong uptrend that is likely to continue. While CNHGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_CNHGBP
Open High Low CNHGBP Price Change
0.11203082 0.11233866 0.11174077 0.11198578 -0.00004500
Entry Signal

MarketClub’s Trade Triangles for CNHGBP

long term up The long-term trend has been UP since Jan 2nd, 2025 at 0.11023341

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2024 at 0.10792336

short term up The short-term trend has been UP since Jan 8th, 2025 at 0.10946560

Smart Scan Analysis for CNHGBP

Based on our trend formula, CNHGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CNHGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11203082 0.11233866 0.11174077 0.11198578 -0.00004500
Prev. Close Volume Bid Ask Time
0.11203082 2025-01-13 10:42:36
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