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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Euro/Chinese Yuan Renminbi Offshore (FOREX:EURCNH)
Sidelines Mode (-50) - EURCNH is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURCNH can gain momentum.
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.
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MarketClub’s Trade Triangles for EURCNH
The long-term trend has been UP since Mar 4th, 2025 at 7.713555
The intermediate-term trend has been DOWN since May 5th, 2025 at 8.142815
The short-term trend has been DOWN since May 28th, 2025 at 8.132740
Smart Scan Analysis for EURCNH
Based on our trend formula, EURCNH is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.15517 | 8.18680 | 8.14980 | 8.14980 | -0.00537 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.15517 | 2025-05-30 17:02:38 |