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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Chinese Yuan Renminbi/Euro (FOREX:CNYEUR)
Weak Downtrend (-65) - CNYEUR is showing signs of a strengthening downtrend. Monitor CNYEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CNYEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYEUR.
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 CNYEUR
The long-term trend has been DOWN since Jun 7th, 2024 at 0.12857789
The intermediate-term trend has been DOWN since Jul 3rd, 2024 at 0.12727800
The short-term trend has been UP since Jul 23rd, 2024 at 0.12651272
Smart Scan Analysis for CNYEUR
Based on our trend formula, CNYEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12707310 | 0.12718107 | 0.12685507 | 0.12685507 | -0.00021800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12707310 | 2024-07-26 20:33:04 |