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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Chinese Yuan Renminbi/Turkish Lira (FOREX:CNYTRY)

Long-Term Uptrend (+90) - CNYTRY is in a strong uptrend that is likely to continue. While CNYTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CNYTRY?

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

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

FOREX_CNYTRY
Open High Low CNYTRY Price Change
5.3767433 5.3797460 5.3524781 5.3596392 -0.0171040
Entry Signal

MarketClub’s Trade Triangles for CNYTRY

long term up The long-term trend has been UP since Mar 12th, 2025 at 5.0672401

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2025 at 5.3076177

short term up The short-term trend has been UP since May 8th, 2025 at 5.3627504

Smart Scan Analysis for CNYTRY

Based on our trend formula, CNYTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CNYTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.3767433 5.3797460 5.3524781 5.3596392 -0.0171040
Prev. Close Volume Bid Ask Time
5.3767433 2025-05-09 12:09:10
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