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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Chinese Yuan Renminbi Offshore/Swiss Franc (FOREX:CNHCHF)
Crossroads (+60) - CNHCHF 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 CNHCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHCHF.
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 CNHCHF
The long-term trend has been DOWN since Apr 2nd, 2025 at 0.12066602
The intermediate-term trend has been UP since May 5th, 2025 at 0.11476935
The short-term trend has been UP since May 8th, 2025 at 0.11490599
Smart Scan Analysis for CNHCHF
Based on our trend formula, CNHCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11473863 | 0.11480616 | 0.11463077 | 0.11470136 | -0.00003700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11473863 | 2025-05-09 01:45:17 |