Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Chinese Yuan Renminbi/CFA Franc BCEAO (FOREX:CNYXOF)
Crossroads (-60) - CNYXOF 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 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 UP since Oct 4th, 2024 at 84.29573
The intermediate-term trend has been DOWN since Feb 14th, 2025 at 86.05354
The short-term trend has been DOWN since Feb 11th, 2025 at 86.65421
Smart Scan Analysis for CNYXOF
Based on our trend formula, CNYXOF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 86.44773 | 86.44773 | 86.44773 | 86.44773 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 86.44773 | 2025-02-22 01:41:05 |