Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Chinese Yuan Renminbi Offshore/Euro (FOREX:CNHEUR)
Weak Uptrend (+65) - CNHEUR is showing signs of weakening momentum to the upside. Monitor CNHEUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CNHEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHEUR.
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 CNHEUR
The long-term trend has been UP since Apr 15th, 2024 at 0.12957950
The intermediate-term trend has been UP since Apr 1st, 2024 at 0.12797543
The short-term trend has been DOWN since Apr 18th, 2024 at 0.12914574
Smart Scan Analysis for CNHEUR
Based on our trend formula, CNHEUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.12866742 | 0.12884788 | 0.12842922 | 0.12853033 | -0.00013700 |
Prev. Close | Volume | Bid | Ask | Time |
0.12866742 | 2024-04-24 19:20:18 |