Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Chinese Yuan Renminbi/British Pound (FOREX:CNYGBP)
Weak Downtrend (-65) - CNYGBP is showing signs of a strengthening downtrend. Monitor CNYGBP as it may be building momentum to the downside.
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 DOWN since Jan 10th, 2024 at 0.10932415
The intermediate-term trend has been DOWN since Feb 22nd, 2024 at 0.10951419
The short-term trend has been UP since Mar 28th, 2024 at 0.10975888
Smart Scan Analysis for CNYGBP
Based on our trend formula, CNYGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.10959907 | 0.10990373 | 0.10952269 | 0.10960339 | +0.00000400 |
Prev. Close | Volume | Bid | Ask | Time |
0.10959907 | 2024-03-28 08:43:48 |