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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Chinese Yuan Renminbi Offshore/Japanese Yen (FOREX:CNHJPY)
Crossroads (-60) - CNHJPY is struggling to move into a solid trend. Beware of choppy markets 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 UP since Nov 14th, 2024 at 21.53575
The intermediate-term trend has been DOWN since Jan 15th, 2025 at 21.26885
The short-term trend has been DOWN since Feb 16th, 2025 at 20.93440
Smart Scan Analysis for CNHJPY
Based on our trend formula, CNHJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.75940 | 20.78475 | 20.53390 | 20.57735 | -0.18205 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.75940 | 2025-02-21 17:03:11 |