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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Indian Rupee/Chinese Yuan Renminbi Offshore (FOREX:INRCNH)
Crossroads (-60) - INRCNH 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 INRCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRCNH.
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 INRCNH
The long-term trend has been UP since Apr 8th, 2025 at 0.08591910
The intermediate-term trend has been DOWN since May 8th, 2025 at 0.08445195
The short-term trend has been DOWN since May 4th, 2025 at 0.08515996
Smart Scan Analysis for INRCNH
Based on our trend formula, INRCNH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.08552156 | 0.08556684 | 0.08407046 | 0.08442345 | -0.00109800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08552156 | 2025-05-08 23:00:49 |