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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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

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

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
15.06105 15.06485 15.04690 15.05665 -0.00440
Entry Signal

MarketClub’s Trade Triangles for CNHJPY

long term down The long-term trend has been DOWN since Mar 5th, 2020 at 15.3191

intermediate term down The intermediate-term trend has been DOWN since Apr 27th, 2020 at 15.1100

short term down The short-term trend has been DOWN since May 22nd, 2020 at 15.0655

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
15.06105 15.06485 15.04690 15.05665 -0.00440
Prev. Close Volume Bid Ask Time
15.06105 15.05510 15.05820 2020-05-25 04:14:05
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