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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Chinese Yuan Renminbi/Indian Rupee (FOREX:CNYINR)

Sidelines Mode (-55) - CNYINR 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 CNYINR?

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

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

FOREX_CNYINR
Open High Low CNYINR Price Change
11.859946 11.885689 11.852762 11.860493 +0.000547
Entry Signal

MarketClub’s Trade Triangles for CNYINR

long term up The long-term trend has been UP since Apr 14th, 2025 at 12.229080

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2025 at 11.608513

short term up The short-term trend has been UP since May 6th, 2025 at 11.650894

Smart Scan Analysis for CNYINR

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

-55
Smart Scan Analysis for CNYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.859946 11.885689 11.852762 11.860493 +0.000547
Prev. Close Volume Bid Ask Time
11.859946 2025-05-09 01:51:39
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