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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.

FOREX_CNHUSD
Open High Low CNHUSD Price Change
0.13796919 0.13816458 0.13792685 0.13813738 +0.00016800
Entry Signal

MarketClub’s Trade Triangles for CNHUSD

long term up The long-term trend has been UP since May 2nd, 2025 at 0.13858708

intermediate term up The intermediate-term trend has been UP since May 2nd, 2025 at 0.13809675

short term down 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).

+85
Smart Scan Analysis for CNHUSD
Strong Downtrend Sideways 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
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