Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

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.

FOREX_CNYEUR
Open High Low CNYEUR Price Change
0.12329714 0.12334143 0.12293315 0.12300788 -0.00028900
Entry Signal

MarketClub’s Trade Triangles for CNYEUR

long term down The long-term trend has been DOWN since Apr 20th, 2025 at 0.11902582

intermediate term down The intermediate-term trend has been DOWN since Apr 20th, 2025 at 0.11919407

short term up The short-term trend has been UP since Apr 30th, 2025 at 0.12113488

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).

-65
Smart Scan Analysis for CNYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12329714 0.12334143 0.12293315 0.12300788 -0.00028900
Prev. Close Volume Bid Ask Time
0.12329714 2025-05-09 08:17:35
Get a free daily analysis and signals for Chinese Yuan Renminbi/Euro (CNYEUR) - Request Your Free Report.