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Forex Trend Analysis Report

Prepared for you on Sunday, May 18, 2025.

Chinese Yuan Renminbi Offshore/British Pound (FOREX:CNHGBP)

Sidelines Mode (-55) - CNHGBP 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 CNHGBP?

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

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

FOREX_CNHGBP
Open High Low CNHGBP Price Change
0.10434824 0.10466415 0.10419928 0.10443253 +0.00008400
Entry Signal

MarketClub’s Trade Triangles for CNHGBP

long term down The long-term trend has been DOWN since Mar 5th, 2025 at 0.10754758

intermediate term up The intermediate-term trend has been UP since May 12th, 2025 at 0.10463688

short term down The short-term trend has been DOWN since May 14th, 2025 at 0.10407669

Smart Scan Analysis for CNHGBP

Based on our trend formula, CNHGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CNHGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10434824 0.10466415 0.10419928 0.10443253 +0.00008400
Prev. Close Volume Bid Ask Time
0.10434824 2025-05-16 17:04:36
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