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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Chinese Yuan Renminbi/South Korean Won (FOREX:CNYKRW)

Sidelines Mode (+55) - CNYKRW 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 CNYKRW?

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

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

FOREX_CNYKRW
Open High Low CNYKRW Price Change
194.18160 194.32692 193.48198 193.96569 -0.21591
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term up The long-term trend has been UP since Apr 14th, 2025 at 204.64050

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2025 at 192.23416

short term up The short-term trend has been UP since May 7th, 2025 at 193.76615

Smart Scan Analysis for CNYKRW

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

+55
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
194.18160 194.32692 193.48198 193.96569 -0.21591
Prev. Close Volume Bid Ask Time
194.18160 2025-05-09 04:46:12
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