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Forex Trend Analysis Report

Prepared for you on Thursday, May 8, 2025.

Chinese Yuan Renminbi/Brazilian Real (FOREX:CNYBRL)

Sidelines Mode (+55) - CNYBRL 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 CNYBRL?

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

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

FOREX_CNYBRL
Open High Low CNYBRL Price Change
0.7953525 0.7967919 0.7833757 0.7839067 -0.0114460
Entry Signal

MarketClub’s Trade Triangles for CNYBRL

long term up The long-term trend has been UP since Apr 14th, 2025 at 0.8711830

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2025 at 0.7742929

short term up The short-term trend has been UP since May 2nd, 2025 at 0.7839535

Smart Scan Analysis for CNYBRL

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

+55
Smart Scan Analysis for CNYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7953525 0.7967919 0.7833757 0.7839067 -0.0114460
Prev. Close Volume Bid Ask Time
0.7953525 2025-05-08 23:49:04
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