It’s up over two percent on the day, sitting above every major moving average, and the official signal is still a Weak Sell. That’s the story for CNYCDF right now, not the headline price of 320.719.
The Signal Versus The Trend
The math doesn't lie, but it can argue with itself. A -25.7 signal score and a MACD in sell territory are shouting one thing. Meanwhile, price action is flagged as bullish and the trend is strong.
Look at the averages. The EMA 10 at 316.687 is a Strong Buy. The SMA 100 at 312.604 is also a Strong Buy. Price is comfortably above both.
So you have short-term momentum and long-term support both screaming higher, while classic momentum oscillators whisper caution. This isn't indecision; it's a specific type of conflict that usually resolves violently.
Where The Floor Might Be
Forget the weekly loss of over two percent. The one-month low was 305.025, which feels miles away now.
- Fibonacci Support (S1): 308.369
- Woodie Pivot Support (S1): 309.798
- SMA 100: 312.604
The cluster from 308 to 313 forms a concrete support zone. A break below that changes everything.
The Bullish Pressure Points
Resistance is less defined, which is often more dangerous for shorts.
| Type | R1 Level |
|---|---|
| Fibonacci | 313.541 |
| Woodie Pivot | 316.568 |
The fact that current price at 320 has already blown through these suggests this move has real energy behind it.
A Simple Prediction For February 2026
The weight of the evidence—price above all key averages, a strong trend reading, and weak immediate resistance—leans toward this contradiction resolving with a test higher before any significant pullback begins.
Check live rates for other exotic pairs or major currencies like EUR/USD to see if this divergence is isolated or part of a broader theme on Fxpricing Blog.
The path of least resistance points up until it doesn't, and right now it very clearly does.
