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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Euro/Chinese Yuan Renminbi Offshore (FOREX:EURCNH)

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

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

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

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

FOREX_EURCNH
Open High Low EURCNH Price Change
8.136440 8.158330 8.132345 8.142850 +0.006410
Entry Signal

MarketClub’s Trade Triangles for EURCNH

long term up The long-term trend has been UP since Mar 4th, 2025 at 7.713555

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2025 at 8.142815

short term down The short-term trend has been DOWN since May 8th, 2025 at 8.137865

Smart Scan Analysis for EURCNH

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

-70
Smart Scan Analysis for EURCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.136440 8.158330 8.132345 8.142850 +0.006410
Prev. Close Volume Bid Ask Time
8.136440 2025-05-09 07:18:08
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