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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Chinese Yuan Renminbi Offshore/South Korean Won (FOREX:CNHKRW)
Sidelines Mode (+50) - CNHKRW is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CNHKRW can gain momentum.
Is it time to buy, sell, or avoid CNHKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHKRW.
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 CNHKRW
The long-term trend has been DOWN since Apr 11th, 2025 at 195.41327
The intermediate-term trend has been UP since May 13th, 2025 at 197.98919
The short-term trend has been UP since May 28th, 2025 at 191.46682
Smart Scan Analysis for CNHKRW
Based on our trend formula, CNHKRW is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 191.59727 | 192.09622 | 191.49975 | 191.95131 | +0.35404 |
| Prev. Close | Volume | Bid | Ask | Time |
| 191.59727 | 2025-05-30 20:45:09 |