Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Chinese Yuan Renminbi/Swiss Franc (FOREX:CNYCHF)

Countertrend Up (+85) - CNYCHF 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 CNYCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYCHF
Open High Low CNYCHF Price Change
0.12502840 0.12514527 0.12470129 0.12485799 -0.00017000
Entry Signal

MarketClub’s Trade Triangles for CNYCHF

long term up The long-term trend has been UP since Oct 1st, 2023 at 0.12708640

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 0.12604631

short term up The short-term trend has been UP since Nov 20th, 2023 at 0.12644132

Smart Scan Analysis for CNYCHF

Based on our trend formula, CNYCHF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CNYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12502840 0.12514527 0.12470129 0.12485799 -0.00017000
Prev. Close Volume Bid Ask Time
0.12502840 2023-11-30 08:19:33
Get a free daily analysis and signals for Chinese Yuan Renminbi/Swiss Franc (CNYCHF) - Request Your Free Report.