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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Euro/Chinese Yuan Renminbi (FOREX:EURCNY)

Crossroads (+60) - EURCNY 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 EURCNY?

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

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

FOREX_EURCNY
Open High Low EURCNY Price Change
7.587903 7.587903 7.499000 7.587903 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURCNY

long term down The long-term trend has been DOWN since Nov 12th, 2024 at 7.663800

intermediate term up The intermediate-term trend has been UP since Feb 14th, 2025 at 7.639317

short term up The short-term trend has been UP since Feb 20th, 2025 at 7.615162

Smart Scan Analysis for EURCNY

Based on our trend formula, EURCNY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for EURCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.587903 7.587903 7.499000 7.587903 0.000000
Prev. Close Volume Bid Ask Time
7.587903 2025-02-22 03:11:11
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