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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Chinese Yuan Renminbi Offshore/New Zealand Dollar (FOREX:CNHNZD)
Long-Term Uptrend (+90) - CNHNZD is in a strong uptrend that is likely to continue. While CNHNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CNHNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHNZD.
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 CNHNZD
The long-term trend has been UP since Aug 4th, 2024 at 0.23533162
The intermediate-term trend has been UP since Mar 31st, 2025 at 0.24299537
The short-term trend has been UP since Mar 28th, 2025 at 0.24079885
Smart Scan Analysis for CNHNZD
Based on our trend formula, CNHNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24130319 | 0.24362906 | 0.24091419 | 0.24244952 | +0.00114600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24130319 | 2025-03-31 17:07:36 |