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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Chinese Yuan Renminbi/Brazilian Real (FOREX:CNYBRL)
Countertrend Down (-85) - CNYBRL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CNYBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYBRL.
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 CNYBRL
The long-term trend has been DOWN since Feb 7th, 2025 at 0.7887756
The intermediate-term trend has been DOWN since Jan 7th, 2025 at 0.8273083
The short-term trend has been UP since Feb 21st, 2025 at 0.7893025
Smart Scan Analysis for CNYBRL
Based on our trend formula, CNYBRL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7906082 | 0.7906082 | 0.7905668 | 0.7905668 | -0.0000410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7906082 | 2025-02-22 03:19:35 |