Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Chinese Yuan Renminbi/US Dollar (FOREX:CNYUSD)
Long-Term Uptrend (+90) - CNYUSD is in a strong uptrend that is likely to continue. While CNYUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Apr 14th, 2025 at 0.13950504
The intermediate-term trend has been UP since Apr 14th, 2025 at 0.13794531
The short-term trend has been UP since Apr 29th, 2025 at 0.13723069
Smart Scan Analysis for CNYUSD
Based on our trend formula, CNYUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1384016 | 0.1384016 | 0.1384016 | 0.1384016 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1384016 | 2025-05-09 08:39:58 |