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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Euro/Chinese Yuan Renminbi (FOREX:EURCNY)

Weak Uptrend (+65) - EURCNY is showing signs of weakening momentum to the upside. Monitor EURCNY as it may be in the beginning stages of a reversal.

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

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

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

FOREX_EURCNY
Open High Low EURCNY Price Change
8.111152 8.132397 8.103100 8.128174 +0.017022
Entry Signal

MarketClub’s Trade Triangles for EURCNY

long term up The long-term trend has been UP since Apr 20th, 2025 at 8.398181

intermediate term up The intermediate-term trend has been UP since Apr 20th, 2025 at 8.389679

short term down The short-term trend has been DOWN since Apr 30th, 2025 at 8.175600

Smart Scan Analysis for EURCNY

Based on our trend formula, EURCNY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.111152 8.132397 8.103100 8.128174 +0.017022
Prev. Close Volume Bid Ask Time
8.111152 2025-05-09 04:26:17
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