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.

Open	High	Low	CNHGBP Price	Change
0.11212296	0.11216056	0.11210197	0.11212925	+0.00000600
Entry Signal

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).

+70

Strong Downtrend Sideways 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

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