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Forex Trend Analysis Report
Prepared for you on Friday, April 18, 2025.
Chinese Yuan Renminbi/British Pound (FOREX:CNYGBP)
Sidelines Mode (+55) - CNYGBP 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 CNYGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNYGBP
The long-term trend has been UP since Apr 14th, 2025 at 0.11342183
The intermediate-term trend has been UP since Apr 6th, 2025 at 0.10705885
The short-term trend has been DOWN since Apr 14th, 2025 at 0.10407478
Smart Scan Analysis for CNYGBP
Based on our trend formula, CNYGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10296971 | 0.10355065 | 0.10255533 | 0.10328630 | +0.00031700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10296971 | 2025-04-17 15:23:20 |