Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, February 13, 2025.

Chinese Yuan Renminbi/Canadian Dollar (FOREX:CNYCAD)

Weak Downtrend (-65) - CNYCAD is showing signs of a strengthening downtrend. Monitor CNYCAD as it may be building momentum to the downside.

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
0.19515199 0.19519664 0.19500494 0.19506301 -0.00008900
Entry Signal

MarketClub’s Trade Triangles for CNYCAD

long term up The long-term trend has been UP since Oct 3rd, 2023 at 0.19056086

intermediate term down The intermediate-term trend has been DOWN since Feb 13th, 2025 at 0.19507176

short term down The short-term trend has been DOWN since Feb 9th, 2025 at 0.19584503

Smart Scan Analysis for CNYCAD

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

-70
Smart Scan Analysis for CNYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19515199 0.19519664 0.19500494 0.19506301 -0.00008900
Prev. Close Volume Bid Ask Time
0.19515199 2025-02-13 01:56:44
Get a free daily analysis and signals for Chinese Yuan Renminbi/Canadian Dollar (CNYCAD) - Request Your Free Report.