Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Chinese Yuan Renminbi Offshore/British Pound (FOREX:CNHGBP)
Countertrend Down (-85) - CNHGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Mar 5th, 2025 at 0.10754758
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 0.11005653
The short-term trend has been UP since Mar 31st, 2025 at 0.10656970
Smart Scan Analysis for CNHGBP
Based on our trend formula, CNHGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10630014 | 0.10676837 | 0.10624379 | 0.10653252 | +0.00023200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10630014 | 2025-03-31 16:55:40 |