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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Chinese Yuan Renminbi Offshore/Indian Rupee (FOREX:CNHINR)

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

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

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

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

FOREX_CNHINR
Open High Low CNHINR Price Change
11.22 11.22 11.21 11.21 -0.01
Entry Signal

MarketClub’s Trade Triangles for CNHINR

long term up The long-term trend has been UP since Nov 8th, 2019 at 10.1532

intermediate term down The intermediate-term trend has been DOWN since Feb 19th, 2021 at 11.2550

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 11.3100

Smart Scan Analysis for CNHINR

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

-70
Smart Scan Analysis for CNHINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.22 11.22 11.21 11.21 -0.01
Prev. Close Volume Bid Ask Time
11.22 2021-02-24 20:54:56
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