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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.
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MarketClub’s Trade Triangles for CNHGBP
The long-term trend has been DOWN since Mar 5th, 2025 at 0.10754758
The intermediate-term trend has been UP since May 12th, 2025 at 0.10463688
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).
| 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 |