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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Special drawing rights/Chinese Yuan Renminbi (FOREX:XDRCNY)
Sidelines Mode (-55) - XDRCNY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XDRCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRCNY.
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 XDRCNY
The long-term trend has been UP since Mar 12th, 2025 at 9.604738
The intermediate-term trend has been DOWN since May 11th, 2025 at 10.075121
The short-term trend has been UP since May 25th, 2025 at 10.039749
Smart Scan Analysis for XDRCNY
Based on our trend formula, XDRCNY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.039749 | 10.064923 | 10.039749 | 10.064923 | +0.025174 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.009536 | 2025-05-25 21:00:09 |