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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Chinese Yuan Renminbi Offshore/US Dollar (FOREX:CNHUSD)
Countertrend Up (+85) - CNHUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CNHUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHUSD.
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 CNHUSD
The long-term trend has been UP since May 2nd, 2025 at 0.13858708
The intermediate-term trend has been UP since May 2nd, 2025 at 0.13809675
The short-term trend has been DOWN since May 7th, 2025 at 0.13821261
Smart Scan Analysis for CNHUSD
Based on our trend formula, CNHUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13796919 | 0.13816458 | 0.13792685 | 0.13813738 | +0.00016800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13796919 | 2025-05-09 07:36:54 |