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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Japanese Yen/Chinese Yuan Renminbi Offshore (FOREX:JPYCNH)
Bull Market Weakness (+75) - JPYCNH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYCNH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid JPYCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCNH.
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 JPYCNH
The long-term trend has been DOWN since Nov 14th, 2024 at 0.04643451
The intermediate-term trend has been UP since Jan 15th, 2025 at 0.04701642
The short-term trend has been UP since Feb 16th, 2025 at 0.04776749
Smart Scan Analysis for JPYCNH
Based on our trend formula, JPYCNH is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04817083 | 0.04870406 | 0.04811213 | 0.04860982 | +0.00043900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04863589 | 2025-02-21 17:03:24 |