![MarketClub Tools For The Trader](https://assets.ino.com/img/sites/trend-web/images/mc-logo-trend.png)
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Chinese Yuan Renminbi/US Dollar (FOREX:CNYUSD)
Weak Downtrend (-65) - CNYUSD is showing signs of a strengthening downtrend. Monitor CNYUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CNYUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
![]() |
|||||||||||||||
|
MarketClub’s Trade Triangles for CNYUSD
The long-term trend has been DOWN since May 29th, 2024 at 0.13798242
The intermediate-term trend has been DOWN since Jul 24th, 2024 at 0.13743249
The short-term trend has been UP since Jul 25th, 2024 at 0.13775054
Smart Scan Analysis for CNYUSD
Based on our trend formula, CNYUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for CNYUSD](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.13797671 | 0.13803385 | 0.13784928 | 0.13792343 | -0.00005300 |
Prev. Close | Volume | Bid | Ask | Time |
0.13797671 | 2024-07-26 19:52:15 |