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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Chinese Yuan Renminbi Offshore/Japanese Yen (FOREX:CNHJPY)
Sidelines Mode (-55) - CNHJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for CNHJPY
The long-term trend has been DOWN since Mar 6th, 2025 at 20.36100
The intermediate-term trend has been UP since Mar 18th, 2025 at 20.73485
The short-term trend has been DOWN since Mar 30th, 2025 at 20.59035
Smart Scan Analysis for CNHJPY
Based on our trend formula, CNHJPY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.51245 | 20.68050 | 20.49280 | 20.64250 | +0.13005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.51245 | 2025-03-31 17:12:23 |