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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Chinese Yuan Renminbi/New Zealand Dollar (FOREX:CNYNZD)
Crossroads (-60) - CNYNZD 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 CNYNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYNZD.
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 CNYNZD
The long-term trend has been UP since Dec 10th, 2024 at 0.23777837
The intermediate-term trend has been DOWN since Feb 14th, 2025 at 0.24039817
The short-term trend has been DOWN since Feb 19th, 2025 at 0.23978525
Smart Scan Analysis for CNYNZD
Based on our trend formula, CNYNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24017783 | 0.24020636 | 0.24017783 | 0.24020636 | +0.00002900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24017783 | 2025-02-22 03:07:13 |