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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Euro/Chinese Yuan Renminbi (FOREX:EURCNY)
Sidelines Mode (-50) - EURCNY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURCNY can gain momentum.
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.
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MarketClub’s Trade Triangles for EURCNY
The long-term trend has been UP since Apr 20th, 2025 at 8.398181
The intermediate-term trend has been DOWN since May 12th, 2025 at 8.091550
The short-term trend has been DOWN since May 28th, 2025 at 8.135200
Smart Scan Analysis for EURCNY
Based on our trend formula, EURCNY is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.175092 | 8.188700 | 8.136600 | 8.174953 | -0.000139 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.175092 | 2025-05-30 21:06:14 |