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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/Chinese Yuan Renminbi Offshore (FOREX:EURCNH)
Crossroads (-60) - EURCNH is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCNH.
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 EURCNH
The long-term trend has been UP since Mar 4th, 2025 at 7.713555
The intermediate-term trend has been DOWN since May 5th, 2025 at 8.142815
The short-term trend has been DOWN since May 8th, 2025 at 8.137865
Smart Scan Analysis for EURCNH
Based on our trend formula, EURCNH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.136440 | 8.151035 | 8.132345 | 8.150190 | +0.013750 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.136440 | 2025-05-09 03:40:05 |