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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Chinese Yuan Renminbi/Surinamese Dollar (FOREX:CNYSRD)

Weak Downtrend (-65) - CNYSRD is showing signs of a strengthening downtrend. Monitor CNYSRD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CNYSRD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYSRD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYSRD
Open High Low CNYSRD Price Change
4.839 4.839 4.839 4.839 0.000
Entry Signal

MarketClub’s Trade Triangles for CNYSRD

long term up The long-term trend has been UP since Sep 30th, 2024 at 4.3765

intermediate term down The intermediate-term trend has been DOWN since Dec 12th, 2024 at 4.8905

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 4.8685

Smart Scan Analysis for CNYSRD

Based on our trend formula, CNYSRD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CNYSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.839 4.839 4.839 4.839 0.000
Prev. Close Volume Bid Ask Time
4.838 4.792 4.886 2024-12-16 09:01:45
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