CNYJPY China Yuan - Japan Yen Forecast, Technical & Fundamental Analysis

CNYJPY in upward trend: price may ascend as a result of having broken its lower Bollinger Band on March 27, 2025

CNYJPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 33 cases where CNYJPY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CNYJPY's RSI Indicator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CNYJPY just turned positive on March 30, 2025. Looking at past instances where CNYJPY's MACD turned positive, the stock continued to rise in of 104 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CNYJPY advanced for three days, in of 245 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 333 cases where CNYJPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Momentum Indicator moved below the 0 level on March 30, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CNYJPY as a result. In of 117 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CNYJPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .