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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Chinese Yuan Renminbi Offshore/Japanese Yen (FOREX:CNHJPY)

Bull Market Weakness (+75) - CNHJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNHJPY as it may be in the beginning stages of a reversal.

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

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

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

FOREX_CNHJPY
Open High Low CNHJPY Price Change
20.09895 20.10065 20.02130 20.06510 -0.03385
Entry Signal

MarketClub’s Trade Triangles for CNHJPY

long term down The long-term trend has been DOWN since Mar 6th, 2025 at 20.36100

intermediate term up The intermediate-term trend has been UP since May 8th, 2025 at 20.11965

short term up The short-term trend has been UP since May 8th, 2025 at 20.04040

Smart Scan Analysis for CNHJPY

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

+70
Smart Scan Analysis for CNHJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.09895 20.10065 20.02130 20.06510 -0.03385
Prev. Close Volume Bid Ask Time
20.09895 2025-05-09 07:19:16
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