Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Chinese Yuan Renminbi/CFA Franc BCEAO (FOREX:CNYXOF)
Bear Market Rally (-75) - CNYXOF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNYXOF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CNYXOF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYXOF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CNYXOF
The long-term trend has been DOWN since Mar 6th, 2025 at 85.59948
The intermediate-term trend has been DOWN since Mar 6th, 2025 at 85.99767
The short-term trend has been UP since Mar 31st, 2025 at 83.36171
Smart Scan Analysis for CNYXOF
Based on our trend formula, CNYXOF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 83.48498 | 83.48498 | 83.48498 | 83.48498 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 83.48498 | 2025-03-31 07:25:33 |