Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Chinese Yuan Renminbi Offshore/Japanese Yen (FOREX:CNHJPY)
Countertrend Down (-85) - CNHJPY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CNHJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CNHJPY
The long-term trend has been DOWN since Mar 6th, 2025 at 20.36100
The intermediate-term trend has been DOWN since Jan 15th, 2025 at 21.26885
The short-term trend has been UP since Mar 11th, 2025 at 20.45550
Smart Scan Analysis for CNHJPY
Based on our trend formula, CNHJPY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.46270 | 20.47315 | 20.45650 | 20.47200 | +0.00930 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.46270 | 2025-03-12 00:27:42 |