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Forex Trend Analysis Report

Prepared for you on Tuesday, January 25, 2022.

Canadian Dollar/Chinese Yuan Renminbi Offshore (FOREX:CADCNH)

Crossroads (-60) - CADCNH 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 CADCNH?

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

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

FOREX_CADCNH
Open High Low CADCNH Price Change
5.0748 5.0748 5.0748 5.0748 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADCNH

long term down The long-term trend has been DOWN since Jul 13th, 2021 at 5.1941

intermediate term up The intermediate-term trend has been UP since Jan 4th, 2022 at 5.0072

short term up The short-term trend has been UP since Jan 4th, 2022 at 5.0072

Smart Scan Analysis for CADCNH

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

-60
Smart Scan Analysis for CADCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0748 5.0748 5.0748 5.0748 0.0000
Prev. Close Volume Bid Ask Time
5.0748 2022-01-21 15:07:21
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