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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Chinese Yuan Renminbi/Indian Rupee (FOREX:CNYINR)
Sidelines Mode (+55) - CNYINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CNYINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYINR.
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 CNYINR
The long-term trend has been UP since Feb 2nd, 2025 at 12.093423
The intermediate-term trend has been UP since Dec 9th, 2024 at 11.698014
The short-term trend has been DOWN since Feb 20th, 2025 at 11.915552
Smart Scan Analysis for CNYINR
Based on our trend formula, CNYINR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.936504 | 11.959031 | 11.930498 | 11.941419 | +0.004915 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.913832 | 2025-02-21 17:02:47 |