What is the technical trend for Central Bank?

Jun 09 2025 06:02 PM IST
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As of May 27, 2025, the trend is mildly bearish with mixed signals from indicators like the MACD and RSI, suggesting some potential for upward movement but overall reinforcing a bearish sentiment, especially in longer time frames.
As of 27 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish with weak strength. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The RSI shows no signal on the weekly chart while being bullish on the monthly, suggesting some potential for upward movement but lacking immediate momentum. Bollinger Bands and moving averages are both mildly bearish on the daily and weekly time frames, reinforcing the bearish sentiment. The KST is mildly bullish weekly but bearish monthly, adding to the uncertainty. Overall, while there are some bullish indicators, the prevailing trend remains mildly bearish, particularly in the longer time frames.
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