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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Chinese Yuan Renminbi Offshore/British Pound (FOREX:CNHGBP)
Bear Market Rally (-75) - CNHGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNHGBP as it may be in the beginning 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 Mar 5th, 2025 at 0.10754758
The intermediate-term trend has been DOWN since May 25th, 2025 at 0.10295645
The short-term trend has been UP since May 28th, 2025 at 0.10310751
Smart Scan Analysis for CNHGBP
Based on our trend formula, CNHGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10329479 | 0.10330461 | 0.10283955 | 0.10316661 | -0.00012800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10329479 | 2025-05-30 17:02:30 |