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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Chinese Yuan Renminbi Offshore/Indonesian Rupiah (FOREX:CNHIDR)

Weak Downtrend (-65) - CNHIDR is showing signs of a strengthening downtrend. Monitor CNHIDR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CNHIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNHIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNHIDR
Open High Low CNHIDR Price Change
2203.57 2203.57 2203.57 2203.57 0.00
Entry Signal

MarketClub’s Trade Triangles for CNHIDR

long term up The long-term trend has been UP since Nov 1st, 2022 at 2222.000

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2023 at 2213.500

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 2231.025

Smart Scan Analysis for CNHIDR

Based on our trend formula, CNHIDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CNHIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2203.57 2203.57 2203.57 2203.57 0.00
Prev. Close Volume Bid Ask Time
2203.57 2192.49 2214.65 2023-03-28 01:39:09
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