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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Chinese Yuan Renminbi/Canadian Dollar (FOREX:CNYCAD)

Long-Term Uptrend (+90) - CNYCAD is in a strong uptrend that is likely to continue. While CNYCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_CNYCAD
Open High Low CNYCAD Price Change
0.19267826 0.19275077 0.19253160 0.19262028 -0.00005800
Entry Signal

MarketClub’s Trade Triangles for CNYCAD

long term up The long-term trend has been UP since Apr 14th, 2025 at 0.20545814

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2025 at 0.19854023

short term up The short-term trend has been UP since May 6th, 2025 at 0.19034752

Smart Scan Analysis for CNYCAD

Based on our trend formula, CNYCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CNYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19267826 0.19275077 0.19253160 0.19262028 -0.00005800
Prev. Close Volume Bid Ask Time
0.19267826 2025-05-09 06:32:53
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