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Forex Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

Chinese Yuan Renminbi Offshore/New Taiwan Dollar (FOREX:CNHTWD)

Bull Market Weakness (+75) - CNHTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNHTWD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNHTWD?

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

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

FOREX_CNHTWD
Open High Low CNHTWD Price Change
4.4984764 4.4987077 4.4970522 4.4970563 -0.0014200
Entry Signal

MarketClub’s Trade Triangles for CNHTWD

long term down The long-term trend has been DOWN since Dec 3rd, 2024 at 4.4543407

intermediate term up The intermediate-term trend has been UP since Dec 25th, 2024 at 4.4881269

short term up The short-term trend has been UP since Jan 8th, 2025 at 4.4819647

Smart Scan Analysis for CNHTWD

Based on our trend formula, CNHTWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CNHTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4984764 4.4987077 4.4970522 4.4970563 -0.0014200
Prev. Close Volume Bid Ask Time
4.4984764 2025-01-15 00:38:53
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