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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Chinese Yuan Renminbi/Mexican Peso (FOREX:CNYMXN)
Crossroads (+60) - CNYMXN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CNYMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYMXN.
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 CNYMXN
The long-term trend has been UP since Apr 14th, 2025 at 2.9675238
The intermediate-term trend has been DOWN since Apr 21st, 2025 at 2.6960753
The short-term trend has been DOWN since May 9th, 2025 at 2.7006304
Smart Scan Analysis for CNYMXN
Based on our trend formula, CNYMXN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7026372 | 2.7045894 | 2.6994471 | 2.7042635 | +0.0016260 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7026372 | 2025-05-09 07:35:44 |