Exchange Rate Calculator

The exchange rate between the Japanese Yen (JPY) and the Chinese Yuan (CNY) is a critical indicator of the economic relationship between Japan and China. Analyzing the JPY/CNY exchange rate over the past few months provides insights into the economic dynamics and monetary policies of both nations.

Recent Exchange Rate Trends

Over the past several months, the JPY/CNY exchange rate has exhibited fluctuations influenced by various economic factors. For instance, on January 31, 2025, the exchange rate was 1 JPY to 0.046304 CNY. This rate experienced slight variations in the following days, reflecting the dynamic nature of currency markets.

Technical Analysis Indicators

Technical analysis provides tools to assess the momentum and potential future movements of currency pairs. As of March 12, 2025, several key indicators for the JPY/CNY pair suggested a bearish trend:

• Relative Strength Index (RSI): At 38.84, indicating a sell signal.
• Stochastic Oscillator (STOCH): At 23.652, also suggesting a sell.
• Moving Average Convergence Divergence (MACD): At -0.01, reinforcing the sell sentiment.
• Average Directional Index (ADX): At 32.297, indicating a sell trend.
• Commodity Channel Index (CCI): At -74.6384, suggesting a sell signal.

These indicators collectively pointed towards a strong sell recommendation at that time.

Moving Averages

Moving averages help smooth out price data to identify trends over specific periods. As of March 12, 2025:

• 5-day Simple Moving Average (SMA): 4.88264, indicating a buy signal.
• 10-day SMA: 4.88517, suggesting a sell.
• 20-day SMA: 4.89224, also indicating a sell.
• 50-day SMA: 4.91457, reinforcing the sell sentiment.
• 100-day SMA: 4.90641, suggesting a sell.
• 200-day SMA: 4.88275, indicating a buy signal.

The predominance of sell signals across various moving averages suggested a bearish outlook for the JPY/CNY pair during that period.

Pivot Points

Pivot points are used to identify potential support and resistance levels. As of March 12, 2025, the pivot points for the JPY/CNY pair were:

• Support Levels:
  • S1: 4.88189
  • S2: 4.87907
  • S3: 4.87694
• Resistance Levels:
  • R1: 4.88684
  • R2: 4.88897
  • R3: 4.89179

These levels provided traders with potential entry and exit points based on market movements.

Forecasts and Outlook

Looking ahead, forecasts indicated a potential decline in the JPY/CNY exchange rate. In one month, the rate was expected to fall to 0.0457, approximately 5.97% lower than the rate of 0.0486 at that time. In four months, the rate was projected to be 0.0463, about 4.73% lower, and in seven months, it was expected to reach 0.0472, a 2.88% decrease.

Factors Influencing the Exchange Rate

Several factors have influenced the JPY/CNY exchange rate:

• Monetary Policies: Divergent monetary policies between the Bank of Japan and the People's Bank of China can impact currency valuations.
• Trade Balances: Trade surpluses or deficits between the two nations affect demand for each other's currencies.
• Economic Indicators: GDP growth rates, inflation, and employment figures influence investor confidence and currency strength.
• Global Economic Conditions: External factors, such as global trade tensions or economic crises, can lead to shifts in currency values.

Conclusion

The JPY/CNY exchange rate has experienced fluctuations influenced by a combination of technical indicators, economic policies, and global economic conditions. While technical analysis as of March 2025 suggested a bearish trend, forecasts indicated a potential decline in the exchange rate in the coming months. Investors and traders should consider these factors, along with ongoing economic developments, when making decisions related to the JPY/CNY currency pair.