Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Chinese Yuan Renminbi Offshore (FOREX:GBPCNH)
Bull Market Weakness (+75) - GBPCNH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPCNH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCNH.
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 GBPCNH
The long-term trend has been DOWN since Jan 2nd, 2025 at 9.070985
The intermediate-term trend has been UP since Feb 3rd, 2025 at 9.086240
The short-term trend has been UP since Feb 12th, 2025 at 9.107600
Smart Scan Analysis for GBPCNH
Based on our trend formula, GBPCNH is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.171080 | 9.189925 | 9.155765 | 9.164265 | -0.006815 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.171080 | 2025-02-21 17:03:11 |