
Forex Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
Chinese Yuan Renminbi/US Dollar (FOREX:CNYUSD)
Weak Downtrend (-65) - CNYUSD is showing signs of a strengthening downtrend. Monitor CNYUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CNYUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
![]() |
|||||||||||||||
|
MarketClub’s Trade Triangles for CNYUSD
The long-term trend has been DOWN since Apr 19th, 2022 at 0.15662236
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.14817230
The short-term trend has been DOWN since Aug 7th, 2022 at 0.14787650
Smart Scan Analysis for CNYUSD
Based on our trend formula, CNYUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
0.14785463 | 0.14813718 | 0.14784807 | 0.14813498 | +0.00028000 |
Prev. Close | Volume | Bid | Ask | Time |
0.14785463 | 2022-08-08 12:53:43 |