Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Chinese Yuan Renminbi/New Zealand Dollar (FOREX:CNYNZD)
Bull Market Weakness (+75) - CNYNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNYNZD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CNYNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYNZD.
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 CNYNZD
The long-term trend has been UP since Apr 14th, 2025 at 0.25172921
The intermediate-term trend has been DOWN since Apr 21st, 2025 at 0.22788840
The short-term trend has been UP since May 7th, 2025 at 0.23169385
Smart Scan Analysis for CNYNZD
Based on our trend formula, CNYNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.23480197 | 0.23513793 | 0.23439881 | 0.23513793 | +0.00033600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.23480197 | 2025-05-09 06:34:04 |